Almost three weeks to go before the worlds top economy chooses its new leadership. In last few months it has been nothing less than a full fledge drama series with assassination attempts and change in candidate took place. In addition to this only one Presidential and Vice Presidential debate was enough to flip the momentum once and then again.
As per public polls that contain a bias of surveyed it is hard to fix on an outcome. But as far as six swing states are concerned former president is being favoured for now. In betting market where current volumes have almost reached $1Bn , the tilt is towards the former president.
The world leaders and corporate world are watching the run up along with the possibility of outcomes closely. As the result would put the continuity of policy at risk.
The run up to the Election Day also includes the risk of Israel repose to Iran and escalation from there on. This might put some influence on the undecided voters as wars are a major worry.
From the financial market perspective the short term reaction might become irrelevant as medium term risk of a US recession still hangs especially during next year start.
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