The Daily Shot Brief – November 5th, 2020



Equities:  A “blue wave” is not likely as Republicans seem to retain Senate control.

Source: @PredictIt

Here is what this means for the markets. Republicans in the Senate have no appetite for a massive stimulus bill.

Source: BCA Research

With the year-end income cliff approaching (see this chart/comment from Oxford Economics), the Fed is now more likely to step in with a larger QE package.

Source: @markets Read full article


Credit: The yield on US high-yield bonds hit the lowest level since February.

Source: The Daily Shot


Emerging Markets: The Turkish lira resumed its decline. A Biden White House is not the best outcome for Erdogan.

Source: The Daily Shot


China: China’s stock benchmark is in the upper end of the trading range again. Will we see a breakout (perhaps based on better trade relations with the US under the Biden administration)?

Source: @TheTerminal, Bloomberg Finance L.P.


Eurozone: The options market’s sentiment on the euro has soured.

Source: Morgan Stanley Research


Food For Thought: Trending Investopedia articles leading up to the elections:

Source: Investopedia Read full article

Edited by Daniel Moskovits

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