Reported 24 days ago
As the markets open in November, there is increasing anxiety among investors amid several event risks including a deadlocked presidential election and uncertainty surrounding Federal Reserve policies. Wall Street, previously buoyed by strong earnings and low credit risks, is now showing vulnerabilities, with tech earnings faltering and indicators of cross-asset risk reaching historically high levels for a pre-election period. Investors are adjusting their portfolios in anticipation of volatility related to the elections and upcoming fiscal policies, while the potential ramifications of a Trump presidential win loom large over the markets.
Source: YAHOO