Commentary
In 2024, presidential and congressional elections will take place in many countries. There has been speculation for a long time that existing ruling regimes try their best to make the economy prosperous and market bullish in the run-up to an election. The underlying belief of this is that government policies, whether fiscal or monetary, are effective and efficient. The latter is crucial because this requires a policy launched in the election year to have an imminent impact on the economy or market.
