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02 November 2020
4 min read

U.S Election - Market Outlook

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On the night, more uncertainty will most likely lead to lower equities and a general risk off tone until the result is confirmed.

But what next?

Election-aside, there is a lot of uncertainty on the horizon with the new round of lockdowns and restrictions, so the main focus has to be the near-term outlook.

Initially, the Blue Wave is the most risk-positive scenario.

A clear outcome and a huge fiscal push without those miserly Republicans banging on about trivial matters like the fiscal deficit.

A couple of Blue Wave scenarios:

Nordea;

In our view, a Biden win will be associated

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