Phelan M. Ebenhack/AP
- Historically, Wall Street hasn't cared much about who's in the White House.
- But the 2024 presidential election could change that, according to Lazard's top strategist.
- "Whether the US continues to finance and support Ukraine is basically on the ballot," Ronald Temple told Business Insider.
Politics hasn't tended to hold much sway over the stock market – but that could change in 2024, according to Lazard's chief market strategist.
In the $216 billion asset manager's global outlook for 2024, Ronald Temple positioned the upcoming presidential election as a "watershed moment" that could have a major knock-on effect on both the global economy and equity prices.