A lot can happen in two weeks — and the market has turned on Trump

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ANALYSIS: A lot can happen in two weeks — and the market has turned on Trump

US President Donald Trump was raring to get back to work, just days after contracting coronavirus.

Westpac senior currency strategist Sean Callow has been following the currency markets and traders' views on who will win the election. He says since those two events, financial markets are now pricing in a comfortable Joe Biden election victory. Traders believe Biden will win and relations between the two countries, as well as business flows, will improve significantly.The stock market is also pricing in a comfortable Biden election victory.US stocks took a dip at key points last wee.A big drop in the values of big US tech firms was partly to blame, but the market was also seriously concerned about a contested election.

 

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oh 2016 again...the media have learnt nothing!

I'm old enough to remember TheirABC predicting a resounding win for Hillary Clinton. Good times.

Precisely - lots can and do happen in two/three weeks.

You know your bullshit has no influence here....lol....It is the US election, just thought id remind you.

Who would have thought that a taxpayer owned and funded Australian news outlet would consistently actively “barrack” for one side of US politics over the other. And yet here we are. theirabc fakenews

Things are looking good for Donie Trash.

This of course is the same that predicted Trump wouldn’t win the Republican nomination, wouldn’t win the 2016 election, believed and peddled the fake Russian collusion hoax and the fake Ukraine impeachment hoax. FakeNews

Donald J. Trump Record 96% Approval Rating in the Republican Party. 53% Approval Rating Overall. Record 56% “Better Off Now” than 4 Years Ago (Gallup) STOCK MARKET UP ANOTHER 300 POINTS - GREATEST LEADING INDICATOR OF THEM ALL!!! DON’T RUIN IT WI..

Except Hillary was the favourite to win. Nobody expected Trump to win, so all economic indicators prior to the election were pointing to a Hillary victory. Now, they’re all pointing to a Trump victory. A Biden/Harris win will see markets crash.

FAKE, the market is still strong and getting stronger

Well, the bald eagle did try to bite him. That should have given us a clue!😂

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