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Us elections vanderbilt. The current pandemic and an uncertain economy have added new importance to an already volatile us election cycle. But what about stock market returns. The us election event is very big but other than a little bit of volatility in india people will keep focussing on what is happening in terms of flows and earnings says hemang jani.
Second the election will impact us india relations though primarily with respect to economic issues. The shape of the economy a voters background turnout outcomes in swing states and more. But one other reason for the caution was the us presidential elections.
Stock markets around the globe saw the worst october this year given the resurgence of covid cases worldwide. According to the countrys labour department employers added. Economy unemployment and the impact on polls the us unemployment rate dropped to 79 per cent in early october.
For first time indian american voters racial equality economy on top of mind indians form the second largest group of immigrants who have got citizenship in the us in the last four years. Benchmarks nifty 1166915 2675. The overall government election outcome will matter more than any candidates success.
According to a report by sucden financial a us firm in commodity futures and options trading however the critical outcome is mostly straightforward. Stay focused on earnings us election has little effect on indian market 28 oct 2020 1154am ist. But regardless of the outcome of the us election analysts believe progress on a trade agreement will hinge on the us securing greater access to indias huge yet fragmented agricultural markets.
The current pandemic and an uncertain economy have added new importance to an already volatile us election cycle.
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