Comment: US election could lead to best of all worlds for markets

With the Republicans on course to retain control of the Senate there will be no mandate for a bold Democratic agenda

6th November, 2020
Comment: US election could lead to best of all worlds for markets
Any policies that are enacted will have to win at least some bipartisan support. Compared to the earlier expectations of a blue wave, markets view this scenario as grounds for celebration. Picture: Getty

Even though uncertainty about the outcome of the US presidential election is likely to drag on, the stock market has been rallying. Provided that the election is decided within weeks – rather than months – and that both candidates ultimately accept the outcome as legitimate, business sentiment and household optimism can be expected to remain robust.

Indeed, the only surprise this week is how close the Electoral College contest turned out to be. The delay...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Editorial: Bustling Biden needs global support for ambitious vision

Trump protégé fights for his political life amid sex and drugs controversy

US Marion McKeone 1 month ago

Biden’s American jobs plan puts Republicans on the back foot

US Marion McKeone 1 month ago

DC battles its democratic deficit and fights to become 51st state

US Marion McKeone 1 month ago