What are the important thing instances to look at for the US election outcomes?
However whatever the closing time of the polls, totally different states could have totally different procedures in counting votes and that might see the outcomes spill over to the following one or two days (or extra). However as outlined right here, the primary focus might be on the important thing battleground states i.e. swing states as soon as once more. So, that’s the key point of interest for markets as nicely.
This can be a good cheat sheet in getting a tough concept on when these key states will report their outcomes (h/t @ BBC):
Simply do not forget that that is only a tough information and estimation of the timings. For some context, it took almost 4 days after voting day for the 2020 presidential race to be known as. And a variety of that hinged on how Pennsylvania was going to play out particularly on the time. So, there are situations the place it might take longer than 24 to 48 hours for the race to be known as.
That particularly since Harris and Trump are believed to be neck and neck, with some swing states holding extra significance than others for every candidate as additionally outlined within the linked submit above.
North Carolina might be a key litmus check for Trump’s credentials however the Rust Belt states i.e. Michigan, Pennsylvania, and Wisconsin are going to be massively essential as that’s more likely to be the best victory path for Harris.
In all chance, it’s attainable that we have now to attend till not less than late Wednesday earlier than getting a greater concept of how these states will line up for Harris or Trump.
But when it seems to be extra one-sided than anticipated, we might get an early name on the election consequence much like 2016. That noticed Trump declared because the winner round 0800 GMT the day after voting.
In any case, markets will already begin shifting because the early votes slowly trickle in. So, preserve that in thoughts as volatility and sentiment swings might be fairly frequent because the headlines circulation all via election day itself.
This text was written by Justin Low at www.ubaidahsan.com.
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