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 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
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
Nicholas Spiro
Opinion

Opinion

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

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 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
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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