Economic Expert Highlights Impact of U.S. Presidential Cycles on Global Markets
Renowned Zambian economist Kelvin Chisanga has offered insights into the influence of presidential cycles on economic stability, particularly in relation to the upcoming U.S. election.
Mr. Chisanga explains that shifts in top-level political leadership, like those in the United States, can cause significant adjustments in economic development, impacting global growth, stability, and sustainability.
As the world anticipates a potential return of Donald J. Trump as the 47th U.S. President, Mr. Chisanga expects market factors to realign with impending political changes.
“Stock market performance tends to follow a familiar cycle,” he explains, “with relative weakness in the first two years of a new presidential term, rebounding with spikes in the third year, and typically experiencing a downturn in the final year.”
According to Mr. Chisanga, this recurring economic pattern is rooted in the evolving policy frameworks, structural adjustments, and economic stimuli initiated by each administration.
He predicts that if political shifts occur in the U.S., global markets will respond accordingly, preparing for both short-term fluctuations and long-term recalibrations based on the new leadership’s policies.
