US presidential election is a wild card for financial markets

Expect more uncertainty than in past polls as Covid-19, China ties and racial issues take centre stage

The United States presidential election in November is set against an unusual backdrop of the Covid-19 pandemic, an escalating conflict with China across multiple fronts, and nationwide tensions over racial equality.

These evolving issues are likely to take centre stage alongside the traditional topics of tax, social and energy policies, resulting in greater uncertainty over potential outcomes than past elections.

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A version of this article appeared in the print edition of The Straits Times on September 14, 2020, with the headline 'US presidential election is a wild card for financial markets'. Print Edition | Subscribe