Perhaps the best that can be said of the US election is that it will soon be over. While polls had been moving in favour of a Clinton victory, the FBI's announcement that it is examining new emails in relation to her use of a private email server while Secretary of State has taken it back to being a close race. The smoothest outcome for investors from next Tuesday’s US election would be a Clinton victory but with the Republicans continuing to control the House of Representatives, ie, “more of the same”. Around the Brexit vote there was much concern a Yes vote would be a disaster for shares and the global economy. There was an initial knee jerk sell off but after a few days global markets moved on to focus on other things. The attached note provides a summary of the key issues. (VIEW LINK) (Image source: fivethirtyeight.com)
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