Global Commodities: 2024 US Election Watch—Cutting Through the Noise
We cut through the noise to explore the policies that will be prioritized by any new administration, regardless of the election outcome, and asses their implications for commodities markets. The top priority for both administrations is to ensure the security of supply in energy and minerals and to lower energy prices to curb inflation. Debasement trades are likely to perform well under any administration, though could get further supercharged under a Republican sweep. Gold stands out as the commodity of choice for hedging the US elections. Speakers: Natasha Kaneva, Head of Global Commodities Research Tracey Allen, Head of Agricultural Commodities Research Gregory Shearer, Head of Base and Precious Metal Research This podcast was recorded on 1, November 2024. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4832733-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.