The inconclusive outcome of today’s US presidential election is the “worst outcome for markets”, according to investment professionals, who warn the “dragged out affair” will delay a “swift stimulus package” which would ultimately buoy share prices.
This comes following a close overnight race for presidency, with Democrat candidate Joe Biden currently projected to win 236 electoral college votes and incumbent Republican US President Donald Trump to...
Higher fuel, transport and clothing prices nudge rate higher
Six months' prep time
1.6% uptick in construction sector
Clothing and footwear
Fastest economic expansion since 1984 expected
Completion in 3 minutes
Retail investors set to be restricted initially
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers