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  • October 17th is in the books here on Wall Street.

  • Here's the NewYorkMinute.

  • It's been a relatively quite day on both sides of the Atlantic's stocks,

  • failed to make much progress, neither did bonds,

  • although you did see a continued run on UK yields.

  • I think it's fair to say that everybody's really rather preoccupied by the US presidential election now coming up next month.

  • If you take a look at the prediction markets,

  • you can see that Hillary Clinton victory in the presidential election in seen now as very likely indeed.

  • Indeed, it's also thought to be more likely that the democrats might surprisingly win control of the house

  • than that Donald Trump stages a comeback to win the presidency.

  • Now, those risks are now reflected in security prices.

  • If you take a look at the Mexican peso,

  • you can see it's rallied very significantly over the last few weeks,

  • particularly during those two debates which Donald Trump was held to of lost.

  • If you look at Managed healthcare stocks,

  • you can see that they have underperformed drastically during this period of Hillary Clinton's ascendancy.

  • The notion of a Clinton presidency plus a democratic house is regarded as very potentially negative for health insurance.

  • And that's the NewYorkMinute.

October 17th is in the books here on Wall Street.

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ヒラリーの準備はできている (Ready for Hillary)

  • 12 1
    Colleen Jao に公開 2021 年 01 月 14 日
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