Market volatility is, well, volatile heading up to the US elections
Wall Street stocks are racing to record highs again and the VIX ‘fear gauge’ and its November and December futures contracts are near six-week lows
14 October 2020 - 12:25
London — Just about the only market consensus all year on November’s US election was that it would be volatile around the vote — but even that’s turning upside down three weeks before polling.
A narrow and disputed election result has been one of the main investor fears for months. Bank of America’s October global fund manager survey still had 60% of its respondents expecting the result to be contested — and three quarters said it was the outcome likely to cause most market disruption...
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