This podcast episode discusses the impact of the US presidential election on the markets, particularly focusing on the concerns raised about President Biden's chances of winning after the presidential debate. It is still too early to determine if there have been significant changes in the race, but recent polls show increased voter concerns about Biden's prospects. Key swing states are yet to be gauged, and if Biden's support decreases, it could benefit former President Trump. The race is dynamic, and a strong debate performance by Biden could improve his odds. Trump becoming a clear favorite could also impact the market, with potential outperformance in energy and telecom sectors. The uncertainty of future fiscal policy under a Trump presidency might affect US Treasury yields.
