3 reasons why the stock market is overly concerned about US election fallout, JPMorgan says | Markets Insider

An election judge directs voters outside a polling place in the Pearl Park Recreation Center on August 11, 2020 in Minneapolis, MinnesotaInvestors view the upcoming US presidential election as a key risk to the stock market, as uncertainty looms around who will win, what policies will be implemented by the winner, and whether the election will be contested and dragged out for longer than usual.

Here are three reasons why the market risks surrounding the US election are set to be priced out, according to JPMorgan.Investors are overestimating the risk associated with the upcoming US presidential election, especially the chance of it becoming a contested election that drags out for months, according to a Wednesday note from JPMorgan.

While the election does pose uncertainty to investors in the sense that who will win the office and what future policy initiatives will be implemented remain unknown, the probability of a months-long contested election is low, JPMorgan said. "Some of the outcomes may be challenged in state courts and even be escalated to the Supreme Court, but the process will likely move fast if the disputes are largely procedural. All this should leave sufficient time for each state to then send its predetermined number of electors to the Electoral College to vote for the winner of the state's election on December 14," JPMorgan said.

GREEN 🌎 NEWS

Check out my Gig on Fiverr: Do You Want To Make 3d Animated Logo Intro Video In $5 ? Contact Me : Logo Animation 3D Logo Animation Top Logo Animation Best Logo Animation

'Despite broad public support, raising the minimum wage is always difficult owing to the disproportionate influence that wealthy firms and donors have in Congress.' Angus Deaton. 9 mths Pandemic COVID-19 predict worse than The Great Depression. FAANGS shd pay fair taxes

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Recent market returns suggest investors are prepping for weaker US recovery, UBS says | Markets InsiderJohannes Eisele/AFP via Getty Images Recent financial market returns point to investors shifting cash to safe havens and growing more concerne...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here's why the US-Canada exchange rate is moving amid the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »