EDITORIAL: US election was the sneeze that infected markets
04 November 2020 - 19:32
As things stand, the US election has delivered the worst possible outcome, and markets moved early on Wednesday to reflect this. When America sneezes, the world catches a cold, so the saying goes. And that provides a clear explanation for why the US election has gripped the world.
As we wrote on Tuesday, the thing to look out for is the aftermath, rather than the actual result, which polls had indicated would deliver the presidency to Democratic Party challenger Joe Biden. ..
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