Drug Pricing, Credit Quality and the US Election15 . 05 . 2019
In this week’s Brewin Podcast Ben Gutteridge, Brewin Head of Fund Research, speaks to Claire Hart, the lead manager on the JPMorgan US Equity Income fund. The conversation covers credit conditions in the US banking sector, taking a reading on the various sleeves of lending activity, but also where the pockets of anxiety reside. The discussion then turns to the political hot potato that is drug pricing. We finally round out with an early speculative assessment of the prospects for US presidential election late next year. What would be the consequences of a democrat victory for markets and will Trump even run?