Anonymous ID: cdcdec Oct. 8, 2020, 1:02 p.m. No.10985043   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>5203

Brainwashing everywhere. Mind you each and everyday these pundits search for a headline as to why stocks went up and why they went down. Here's their latest scam. It's because of a decisive Biden win. Marketwatch is a CBS garbage platform. Obvious bullshit but annoying as all hell.

 

Stocks are rallying because fears of a contested election are fading.

 

โ€œThe most convincing explanation in our view isnโ€™t so much the likely outcome of the election itself, but rather speculation as to the increasing clarity of the result,โ€ said analysts at Rabobank.

 

Before polls were showing a significant lead by Democratic candidate Joe Biden, investors worried that the large amount of mail-in voting could mean an election result that remains known until days after Nov. 3. The ensuing political uncertainty could keep markets on edge for days.

 

But a larger margin of victory, if Biden is elected, likely would mean a result will be an announced on the day of the election, a boost to risk assets that were pricing in elevated volatility in the days and weeks after the election.

 

https://www.marketwatch.com/story/stocks-are-rallying-because-fears-of-a-contested-election-are-fading-11602178345?mod=home-page