"We were so ready for mayhem that mayhem was taken off the table by our preparedness for mayhem," said Stephen Innes, chief global market strategist at Axi, about the drop in the VIX index.on the post-election limbo day and was trading around $93.24.
"Selling the dollar is nowhere near as clear-cut as it would have been under a blue wave regime," Innes said. Whoever wins the presidency, the odds of easier fiscal policy have dramatically fallen with Republicans controlling the Senate, he said.
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