Age of Uncertainty II.

UNCERTAINTY; ECONOMIC policy; UNITED States elections; ECONOMIC development; INVESTMENT risk; UNITED States presidential elections; AMERICAN politicians; UNITED States economy, 1945-; ATTITUDE (Psychology); ECONOMICS

The article discusses the relationships between economic-policy uncertainty and asset pricing through America's presidential and midterm election cycles from January 1985 to March 2015. U.S. economic growth is mentioned, along with the claim that policy uncertainty affects the American economy by increasing the risk that people perceive they face when making economic decisions. Risk assessments by investors are examined, along with the policy views of politicians in the U.S.