Global equity markets pared gains on Wednesday, after President Donald Trump said he would ask the Supreme Court to stop all vote counting in a hotly contested election and effectively declared victory, despite the results in a number of states being as yet unavailable.earlier in the day that Democrats had stolen the election, as was widely expected, given he had frequently said, in the run-up to the vote, that there would be mass fraud with mail-in ballots.
"It can be argued that the language from both sides could be building towards contesting the election if the results are close. This too would likely erode risk appetite and support the greenback," strategists at Rabobank said. The MSCI All-World index was still up 0.9%, having risen earlier by as much as 2%, while US and European stock futures reversed course and fell sharply, and Asian equity markets pared gains.
"Given that the risk of a contested election is higher than priced by the market – and that US equities sold off 8% while the Supreme Court decided what to do with the Florida recount in 2000 – our overall bias is that risk assets and risk-sensitive currencies will remain vulnerable this week," ING strategist Chris Turner said.
Futures on US benchmark indices fell, reversing earlier losses, while futures on the VIX volatility index spiked. Futures on the the
LIES LIES LIES
Except that's not what he said.
LOL; what a BS headline.
this is terrible news
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock picks to buy, best business models to beat the market: MS - Business InsiderMorgan Stanley handpicks 18 US stocks to buy for the best business models that deliver market-beating returns for years to come Fuck Morgan Stanley and RobinhoodApp 'Morgan Stanley handpicks 18 US stocks THEY HAVE HEAVILY INVESTED IN'
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump signs bill that could kick Chinese firms off US stock exchanges - Business InsiderTrump signs bill that could kick Chinese companies off US stock exchanges unless they agree to American accounting standards How about the companies that do business with the US military? So two face. If they're traded on the NYSE where companies in the U.S. are already subject to the SOX Act of 2002, why not? Afterall, we wouldn't want them cooking the books and costing investors money like Enron did. Hell is real and sin takes people there. choose repentance which is totally turning away from sin. watch this
Source: BusinessInsider - 🏆 729. / 51 Read more »
Giving Trump free pass for Capitol siege would be bad for US global image - Business InsiderOpinion | Giving Trump a free pass for the Capitol siege would be a disaster for America's image around the world. By BrettBruen. BrettBruen It’s not about image. It’s about responsibility. BrettBruen The pressure by globalist elites is mounting...China is behind all that is happening as they want everything Trump out of mainstream society. BrettBruen Lol oh?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market: Futures fall and dollar rises amid possible Trump impeachment - Business InsiderUS futures fall and dollar climbs as possible Trump impeachment and rising COVID cases spark jitters over record-high stocks Put him in jail
Source: BusinessInsider - 🏆 729. / 51 Read more »
Mastercard execs share a vision of an advanced global payment system - Business InsiderAccording to a recent Mastercard global consumer study, more consumers are using contactless cards or their smartphone to make payments, noting a large increase in the use of digital wallets. In partnership with ING_news ING_news thanks
Source: BusinessInsider - 🏆 729. / 51 Read more »