A mixture image reveals U.S. President Donald Trump and Democratic presidential nominee Joe Biden talking through the first 2020 presidential marketing campaign debate, held on the campus of the Cleveland Clinic at Case Western Reserve College in Cleveland, Ohio, September 29, 2020.
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Many traders are nervous that the presidential election will not be settled for a while after Election Day and try to place themselves forward of any political turbulence.
Deutsche Financial institution analysts studied the few prior elections when the outcomes had been contested to assist its shoppers put together for such a state of affairs.
The funding financial institution discovered that these uncommon circumstances — the elections in 2000, 1876 and 1824 — had been sometimes accompanied by bouts of volatility and a flight towards safer belongings like U.S. debt.
Former Vice President Joe Biden is widening his polling lead over President Donald Trump, however the concern a couple of drawn-out end result stays with traders hedging for that state of affairs within the futures market, the financial institution factors out.