Beatrice Lumpkin, a 102-year-old former teacher, votes by mail in Chicago on October 1, ahead of the US presidential election on November 3. Photo: Chicago Teachers Union via Reuters

Macroscope by Nicholas Spiro

From stocks to bonds, markets may again be misreading the US election. Hedge your bets

In a little over a fortnight, markets have gone from pricing in a messy election to betting that the Democrats will sweep to power

Investors should be careful what they wish for. A ‘blue wave’ could make a growth-sapping agenda more likely

Nicholas Spiro

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Published: 10:00pm, 15 Oct, 2020

Updated: 5:32am, 16 Oct, 2020

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Beatrice Lumpkin, a 102-year-old former teacher, votes by mail in Chicago on October 1, ahead of the US presidential election on November 3. Photo: Chicago Teachers Union via Reuters

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From stocks to bonds, markets may again be misreading the US election. Hedge your bets

In a little over a fortnight, markets have gone from pricing in a messy election to betting that the Democrats will sweep to power Investors should be careful what they wish for. A ‘blue wave’ could make a growth-sapping agenda more likely

In a little over a fortnight, markets have gone from pricing in a messy election to betting that the Democrats will sweep to power

Investors should be careful what they wish for. A ‘blue wave’ could make a growth-sapping agenda more likely