Saxo Bank: US election biggest political risk in several decades
Headwinds for equities
The rise in postal ballots due to Covid-19 means there is a high chance of a contested election, Saxo Bank argues
Saxo Bank has warned that a contested US presidential election or a Joe Biden victory could lead to increased market volatility.
In its Q4 outlook, the banks said markets are failing to price in the risks and volatility resulting from various US election outcomes. "We fear that the US election is the biggest political risk we...
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