Rohit Sipahimalani, chief investment officer of Temasek International, has expressed concern that a Trump administration could slow the global economy and affect financial markets, despite some investors believing his victory would benefit stocks and Bitcoin.
In an interview on Bloomberg Television, Sipahimalani warned that a Trump victory would likely lead to a stronger dollar, higher interest rates, and increased tariffs, creating uncertainty that could negatively impact investments worldwide. Meanwhile, a triumph for his opponent, Kamala Harris, is expected to be more favorable for emerging markets.
Despite these concerns, Temasek recently announced plans to invest $30 billion in the U.S. over the next five years, while Sipahimalani predicted that markets would become more volatile in 2025.
