Jurrien Timmer, Director of Global Macro, and Denise Chisholm, sector strategist, discuss the outcome of the U.S. election. As America is still counting votes, the market has been rallying in the days surrounding the election. But, markets were down the week before the election, which Jurrien thinks is a mix of bad timing with a big rise in COVID-19 cases, at the same time as a failed materialization of Fiscal stimulus. In addition to looking at the US election, Jurrien and Denise remind us to stay focused on the long term.
Recorded on November 4, 2020.