Sculpting the Future of Buy-Side Market Dynamics

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How the 2020 Presidential election may shape buy-side market dynamics 

Irrespective of whichever candidate wins the Presidential election in November, the incumbent will be saddled by a Covid induced recession, one of the worst economic crises on record. According to data from the Commerce Department, US GDP between April and June contracted by 32.9% on an annualized basis, a decline which dwarfs by some measure the Great Depression almost a century ago. The US economy is experiencing a very fragile rebound. Although payrolls grew by 1.76 million in July and there was a moderate bounce-back in retail sales, unemployment is at levels three times greater than what it was pre-pandemic while many schools remain shut.1 A recovery is also contingent on the virus levelling out or a vaccine being found, both of which do not seem imminent

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