Why elections shouldn’t worry investors

Elections have created a lot of hype, says Matthew Lynn. But investors should ignore the hype and focus their attention elsewhere.

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Don't get too excited by the promises
(Image credit: Copyright (c) 2017 Rex Features. No use without permission.)

In the last few months, investors have become very excited about the prospect of political change reviving stagnant economies and unleashing a new wave of growth. Donald Trump was going to waltz into the White House, overhaul America's wildly uncompetitive tax regime, boost infrastructure spending to create jobs, and revive the manufacturing industry.

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.