Most Americans are hanging on to the hope their candidate in the Presidential election will be victorious. Expect a huge spike in emotions when the reality hits those that are wrong.
The market views the Blue Wave as short-term neutral but long-term negative, as the expected Biden tax policy outweighs the benefits from a larger than expected stimulus package. SPX may have upside to ~3400, but it would have larger downside to ~2,500.
NBC would simply make a Twitter-like determination and not carry the speech. It would not be treated as obvious news but rather “disinformation"... regardless of what has transpired on election day...
