Effects of US presidential elections on the movement of speculative capital

Abstract

The author examines the importance of international flows of capital in the system of international economic relations. Special attention is paid to the impact of the presidential election results, as during the pre-election campaign the 45th president of the United States Mr.Donald Trump extensively promoted the need for tighter monetary policy and the intention to pursue more aggressive trade policy, - a shift toward protectionism. The author shows how these election appeals have led to an increase in the US dollar exchange rate, changes in share prices on US and foreign stock exchanges, and to fluctuations in the inflow of foreign investment in the United States, in particular the short-term investments.