The Election Risk - Blue Wave or Red Wave - the markets are going into this all one one side of the boat and that to me suggests that after the next 48 hours of mayhem, the risk is potentially the opposite (nothing to do with who wins).
Everyone is ALL in on reflation..
The betting markets have Biden ahead w/ a sizable lead as do nearly all of the polls.
What did they show back in 2016 just before the election (11/6/16)? An even bigger lead for Clinton.
Will they be right this time or wrong again?
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