EPI 029 - Uncertainty & Volatility Ahead (2020 US Election)
This may be one of the most pivotal elections in our lifetime. The outcome of the 2020 US Election will ripple through our system, with short & long term consequences, that frankly many do not seem to be worried or aware off. Last week's market volatility will continue to creep higher entering Election Day. With the S&P and DOW down 8% in 2 weeks and Big tech selling off 10%+, we are entering a very uncertain time period. Globally, there are worsening economic issues and no stimulus to artificially prop up market and consumption. Europe is going into lockdown again with social and political tension at their highest, a few days out from the election.
\nWho will win? Will it be contested? How will the economy develop as a consequence and how will the market react?
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Nic & Dan discuss the pivotal event and how this well affect investors all over the world. Crazy times is certainly an understatement.