As the US presidential race enters its final stretch, markets are laser-focused on the outcome, with the correlation between the stock market and opinion polls shooting up lately. The race has tightened substantially, with Trump overtaking Biden in the crucial state of Florida, so a sweeping Democratic victory that delivers king-sized stimulus packages is no longer quite as likely. Below we take a deeper dive into the various scenarios, how likely each is, and how markets might respond. Trump down, [..]
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