Financial Times/Andrew Edgecliffe-Johnson/10-14-2020
“Concern about the possibility of a disputed US election result in November is prompting executives to warn that the stability on which companies and markets depend is at risk if Americans cannot trust that their vote will be counted.”
USAGOLD note: Is it the counting that’s a problem or the perception on both sides that the other side will do whatever it takes to rig the election? Election day turmoil is pretty much a given at this juncture – but the markets, as this article warns, have yet to calibrate the full extent of a fully disputed election wherein the loser, whoever it is, refuses to acknowledge defeat.
Related: Financial Times | The U.S. election and your portfolio | 10/8/2020: “There are already signs of a flight to safety with both the dollar and the yen rising sharply, and gold on the rise too. US treasuries have also jumped, as investors seek a place to hide.” – Susannah York, Hargreaves Lansdown
