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2026-11-05 14:02:30
[Franklin Templeton: Separation of Power in the US May Reduce the Likelihood of Large-Scale Legislative Reform, But Policy Uncertainty May Not Decrease] (1) Stephen Dover, chief market strategist and head of the Franklin Templeton Institute, said that the separation of powers in the US government may reduce the likelihood of large-scale legislative reform, but may not reduce policy uncertainty. (2) In his report, he pointed out that the confrontation between Congress and the White House may further exacerbate market volatility, especially for companies that are more sensitive to international trade, government spending, and regulatory decisions. (3) Healthcare companies may face stricter scrutiny regarding issues such as drug pricing, insurance costs, and health insurance reimbursement policies. (4) Financial institutions may face stricter congressional oversight; defense contractors may be affected by adjustments to government spending priorities. (5) He also said that energy companies, including renewable energy developers, may be more sensitive to changes in regulatory policies and federal government incentives.
