According to Jinshi Data, Daisuke Ataka of Japan's Daiwa Research Institute said that if the results of the US presidential election are delayed, there may be a risk of political stagnation, slowing down the transfer of power.
He noted that political stagnation could make it difficult to provide quick support in the event of a deteriorating economy, and that the wait-and-see attitude of businesses and households before and after the U.S. presidential election could delay or weaken the effects of the Fed's interest rate cuts.