Next month’s congressional elections in the United States could produce an outcome that has Danica Pension warning of consequences for Danes’ savings.
A major Danish pension fund wants to shield clients’ savings from one particular election outcome in the United States
U.S. President Donald Trump kicked off his campaign Wednesday in Oklahoma to ensure that the Republican Party keeps its majority in both chambers of Congress in the Nov. 3 midterm elections. For now, polls suggest an uphill battle, with Democrats poised to win a majority in at least one of the chambers. Foto: Kevin Dietsch/Ritzau Scanpix
Normally, U.S. elections don’t have much of an effect on Danes’ savings. But this time could be the exception, when the United States holds its midterm elections a month from now.
That is the assessment from Danica Pension, which manages the retirement savings of roughly 750,000 Danes.
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