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Andrea SIVIERO, Investment Strategist at ETHENEA Independent Investors, gives his assessment of the US election and its impact on the financial markets
In the US, votes are still being counted and this is expected to continue throughout the day, and possibly even until tomorrow. It is unlikely that we will have a result this evening or even tomorrow morning. However, given the likelihood of litigation, a definitive result may be days or even weeks away. Currently, presidential candidate Joe Biden has a (slight) lead in a few battleground states, is catching up in others, and seems very close to reaching the 270 electoral votes needed to be elected president. However, the Republicans are still hoping to win in battleground states and the Trump camp has already...
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