Commentary

How US election plays out will impact investors' portfolios

Market reaction can vary, given candidates' divergent policies

US President Donald Trump and Democratic candidate Joe Biden during the presidential debate in the Curb Event Center in Nashville, on Oct 22, 2020. PHOTO: EPA-EFE
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With barely a week to go before the United States presidential election, markets are already feverishly positioning themselves for the outcome.

If the polls are to be trusted - a big if, given how far off the mark political polls have been over the past five years - a Joe Biden victory is the most likely. Most polls give the former US vice-president a six to 10 point lead over President Donald Trump.

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A version of this article appeared in the print edition of The Straits Times on October 27, 2020, with the headline How US election plays out will impact investors' portfolios. Subscribe