This week: The many ways the election could yet shock markets. The inexorable tightening in the US election polls has continued as Harris’ lead versus Trump has narrowed to the narrowest margin since early August. Many believe from the faulty polling in the 2016 and 2020 elections that the
US election
The polls have shown further modest tightening for the presidential race, with Harris shrinking lead in the polls pointing to higher odds of a Trump win. Polls in the key seven battleground states are impossibly close and we seem almost guaranteed a nail-biting Election Night on November 5th. This week, we look at the two […]
Gold’s recent strong performance, with a 20% rise year-to-date and a high of USD 2,531.75 in August, has been driven by a combination of factors that have made it an attractive investment. There are several reasons that the post-election environment could continue to support the gold price, which has handily outperformed the S&P 500 index […]
The stakes in US elections have risen sharply since the shock 2016 election result that saw Trump take the White House. This is especially true when US equities are more dominant than ever, comprising a staggering 65% weight, for example, in the MSCI’s ACWI Index. This global stock index includes both developed and emerging markets, […]
– John Hardy, Chief Macro Strategist This week: The status of the economy in focus through Friday job numbers Polls have tightened a bit again, and thus back in Trump’s favour as we can see from the shift in the polling and betting odds. Stock markets saw a continued recovery in sentiment after the brief […]