Investors are advised to maintain their positions despite potential negative impacts from political changes under the Trump administration.

The Thurgauer Kantonalbank investor forums highlight that the USA continues to be an attractive market, even as American voters express dissatisfaction with their economic situation compared to four years ago, largely due to rising everyday costs.

There is a prevailing euphoria in the American stock markets driven by expectations of lower taxes and reduced regulation. However, there is growing uncertainty in the bond market, particularly ahead of President Trump"s inauguration. Concerns have been expressed over aggressive tariffs, restrictive immigration policies, and tax cuts that could exacerbate national debt, alongside potential negative implications from the new cabinet structure.

Despite these challenges, the American economy remains resilient and continues to be a key area of interest for European investors, including those from Switzerland.