Commentary

How US election plays out will impact investors' portfolios

Market reaction can vary, given candidates' divergent policies

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US President Donald Trump and Democratic candidate Joe Biden during the presidential debate in the Curb Event Center in Nashville, on Oct 22, 2020.

PHOTO: EPA-EFE

With barely a week to go before the United States presidential election, markets are already feverishly positioning themselves for the outcome.
If the polls are to be trusted - a big if, given how far off the mark political polls have been over the past five years - a Joe Biden victory is the most likely. Most polls give the former US vice-president a six to 10 point lead over President Donald Trump.
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