The forecasted large victory of Biden has not arrived, and we are now looking at a narrow victory for either candidate. It could take days, if not weeks, to have an official result coming from the US elections. In many states, votes postmarked by election day are also valid if received a few days after the election day, as long as they were mailed on time. The next few days are likely to prove highly chaotic. Uncertainty is not the scenario investors wanted and US futures initially turned sharply red before erasing most of those losses.
