The gloves are off and the fighters get ready for the last rounds and in this final phase, almost anything goes because the prize is the biggest of all world politics, the presidency of the USA and with it the control of the largest economy in the world. After a more heated first televised clash, Biden and Trump were more contained in the second and last face-to-face debate, with Trump’s less aggression giving him some points in favour, however, the electorate’s needle moved little or nothing, which could lead the Republican candidate to come to a halt in the little more than ten days until the decisive day, again and when faced with the question of whether he would accept the outcome of the electoral ballot, Trump did not respond. Clearly indicating that he may contest the result due to postal votes, where he believes there may be a fraud.
Photo by Morning Brew.
And this is a topic that could create a lot of headaches for investors, in the case of a prolonged contest, given that at the time more than 47.5 million voters have already cast their vote by mail, despite the distance left for the day official figure, a number significantly higher than in 2016, about eight times more, this with the polls giving Biden the advantage may be indicative of an advantage that Trump may not be able to reduce, recalling that four years ago, Hillary Clinton won in the vote popular with 2.1% more and 2.87 million votes, but was largely defeated in the electoral college votes, with only 227 against Trump’s 304. But whatever the outcome is, we expect a final stretch of much sharpening and uncertainty, especially on the subject of Senate control, something that investors will certainly pay close attention to and what they would not really want would be Trump to revalidate the presidency and the Democrats to stay. with the control of Congress, that would be an impasse of an indecipherable result to date.
