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Nov 4, 2020

No verdict yet in the presidential election — but new thinking on markets, stimulus

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Is there enough information for companies and market participants to start repositioning themselves? Plus, a win for Uber and Lyft in California. And, what kind of money might be spent in post-election legal fights.

Segments From this episode

What the market wanted was more certainty. Early election results have so far given investors the opposite.

Mohamed El-Erian, Allianz chief economic advisor, said seesaw action comes as investors reverse expectations for a Democratic sweep of the White House and Congress.

Campaign spending could continue long after Election Day

Nov 4, 2020
Nearly $14 billion will be spent by the parties and campaigns this year, according to the Center for Responsive Politics. That’s more than double what was spent in 2016.
Jeff Kowalsky/AFP via Getty Images

Music from the episode

Lovin' Millennium Jazz Music, Smokedbeat

The team

Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Erika Soderstrom Producer/Director