The day after what many are calling a chaotic and contentious presidential debate, analysts are nose to the grindstone, trying to figure out what, if anything, it means for markets and the coming election.
“Trump’s particularly aggressive style last night might play well with parts of his base, but his less committed 2016 voters, like independents and suburban women, might not be so keen on it. Initial post-debate polling has found Biden was seen as the marginal winner, but it will be interesting to get more extensive reaction broken down by demographic group.” — Stephanie Kelly, senior political economist at Aberdeen Standard Investments.
“If last night’s Presidential debate was supposed to inform and educate, all it did was merely confirm the credibility deficit in U.S. politics, as President Trump, and Democrat nominee Joe Biden engaged in what can only be described as a fact-free name-calling contest… the fractious nature of last night’s so-called debate raises questions as to the outcome of next month’s election, as well as the prospect of an imminent stimulus deal.” — Michael Hewson, chief market analyst at CMC Markets.
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