T
he opinion polls suggest a strong likelihood of a win for Joe Biden in the US presidential election – but what would that mean for financial markets?
Given the former vice president has had a considerable polling lead throughout most of this campaign, does that imply that the markets will have already “priced in” that outcome? Or could there be further moves if the result is confirmed? And what, by that same token, is likely to happen if the result is (at least initially) inconclusive or contested?
What happens if there is a surprise Donald Trump victory? Would markets plunge?
