How a critical election year could impact markets and the economy

• Goldman Sachs broke down the repercussions of the US election in 2024.
• They note that elections impact economic growth, monetary policy, and financial uncertainty.
• A Trump-Biden rematch could be "particularly market-relevant," the bank said.

A record share of the world's population will cast their vote in an election this year. 

According to a Goldman Sachs analysis of more than 1,000 elections across 152 economies, elections tend to impact monetary policy and raise economic uncertainty, and sometimes financial markets can swing as a result.