The bond market is turning, blue wave or not

BloombergOpinion/John Authers

graphic image of calendar pages“This newsletter may well read like a long attempt to console Mrs. Lincoln and take her mind off the horrors of American politics by asking her about the play she’s just seen. But at the beginning of a week that will be dominated by U.S. political drama like none in decades, it is necessary to remember that many other momentous trends are playing out around the world.”

USAGOLD note:  Not much point, in our opinion, in talking about the impact of the election until …… well, after the election, but Authers makes a good point:  There’s much else going on that is having an impact on the markets and will continue to do so come Wednesday – blue wave or red.


Repost from 11-2-2020

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