Gold Price Setup Ahead of US Presidential Election, Swing State Outlook

2020 Election, Analysis, 2020 Polls, Biden-Trump Spread – Talking Points

Biden is leading in swing states though sudden surge in votes for Trump could rattle markets

{{ADD}} US PRESIDENTIAL ELECTION

It is finally here. To borrow from an Avengers quote: “We’re in the endgame now”. RealClearPolitics polls for November 3 show Democratic nominee Joe Biden in the lower bound of the rough 7-point average he’s held over incumbent President Donald Trump for a few months. The average is composed of a range of polling agencies that are known for right and left-leaning biases like Rasmussen Reports and Quinnipiac, respectively. As I noted in prior reports, statistically speaking, Democrats as a group are more likely to vote by mail than their Republican counterparts. As a result, the perception of a so-called “blue wave” might give markets a false sense of certainty. Consequently, the spread between Biden and Trump could significantly […]

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