Period of uncertainty may continue

Investors in the US market are facing an uncertain environment of the undecided presidential result, an economic slowdown, and concern over the growth of companies. At this stage, bond markets indicate belief that the Fed leans towards easing interest rates. Economic data continues to provide strong evidence of a slowdown. Additionally, credit markets are facing a rapid evaporation of liquidity, as banks tighten lending standards, and high-yield markets continue to suffer. The strength of oil prices over the past months has been a major concern, potentially impacting the level of infl...