US Presidential Elections on 3rd Nov 2020. the results are expected to be out by 8th Nov 2020. Let’s take a short look at what happens on the outcome
If Trump wins, US Dollar will march southwards. That implies everything against USD will start rising. Expect loads of Stimulus Packages which will give massive boost to stock markets, commodities across the globe.
If Biden wins, US Dollar will march northwards. Means everything against USD will start falling. Fiscal Stimulus packages will definitely be there but that stimulus money will actually go to the place where it really needs to go. That implies delayed boost to stock prices, but that rise will be the actual rise as it will be backed by real growth.
Initial reactions can be massive and can be both sided, but the abovementioned view is for the next 4 years.
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