664: The ceremony of legitimacy is squandered. Michael Vlahos: @JHUWorldCrisis; @BrettArends, @Marketwatch; Jeff Bliss, #Pacific Watch
Image: Reception of presidential and state election returns Michael Vlahos: @JHUWorldCrisis; Johns Hopkins; Brett Arends: @BrettArends; @Marketwatch ROI column; & Jeff Bliss, #Pacific Watch, in re: Fox is saying that there’s no way for Trump to win Arizona (infuriating the governor); he’s ahead in WI, less in MI, and no one knows about PA. The Economist gave Biden a 95% chance of winning; has had to back off. The problem now is a contested election, with many court challenge and much legal wrangling; all the authority, the unstoppable ceremony of legitimacy, is squandered in bickering. What the markets do not want is an election that’s not resolved.