Stocks Seen Positive in 2023 Despite Election Uncertainty on Trade, Defense Spending
• Trade tensions between U.S. and China or EU could resurface if Trump returns, rattling markets • History suggests U.S. stocks likely to end 2023 positive regardless of election winner • Europe may accelerate defense spending and capabilities if Trump questions NATO support • Ukraine's financial future and ability to service debts depends partly on continued U.S. aid • Mexico's peso often fluctuates based on U.S. political developments, but less focus on trade recently