Hillary: Good or Bad for Global Economy?

This U.S. election will have huge ramifications (like any other) for the global economy & financial markets.

Hillary Clinton so far is turning out to be the consensus candidate not only to secure the Democratic nomination but also to win the Presidential election vs Donald Trump.

Why should we consider Hillary to herald a new dawn for the American (& Global) economy?

1. Her policies are in favour of purchasing power growth of the middle-class
2. Her focus on long-term growth and income growth to be in line with productivity gains
3. Her focus on infrastructure investments, education and higher labor force participation rate
4. Last but not the least, her husband's sage advice and experience in policy-making could be of use even though the U.S. economy & polity is not the same as it was in 1990's (her Vice-President nominee has not been announced yet, could be him)

Let's see how well did Bill Clinton perform versus recent Presidents in lifting purchasing power of the middle-class:

Following are income growth numbers of bottom to the top income households during last 3 Presidents of the United States' administrations:

Emphasising on my last point, the historical data clearly shows Bill Clinton taking the cup in terms of lifting middle-class income growth in line with the top 5% of households in America. And he really roared the engine of America's aggregate demand, which is what the global economy needs at this time of turmoil.

Obama has certainly been the beacon of hope but it turns out income gaps widened further during his administration.

It is not clear if Hillary Clinton will turn out like Bill but if her policies are to be believed (with her deep devotion towards the Main Street while she stays close to Wall Street) Hillary could be a boon for financial markets and the global economy.