“I know the conventional wisdom and consensus is that right now a Trump presidency is better for markets,” Sipahimalani said Tuesday in an interview on Bloomberg Television, citing hopes for lower taxes and more deregulation. “But as you look out to 2025, the picture is not that clear.”
Singapore’s state-owned investment firm is warning that a Donald Trump election victory might not necessarily be a plus for the world economy and financial markets.
A Trump administration would lead to slower global growth that would eventually affect US companies, according to Temasek International’s Chief Investment Officer Rohit Sipahimalani.
