Election Roadmap
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What’s in Today’s Report:
- Election Roadmap
- Detailing our Four-Part Election Coverage
- Weekly Market Preview: Election and Fed Decision
- Weekly Economic Cheat Sheet: All About the Fed.
Futures are slightly higher despite a tightening election and a spike in oil prices.
Politically, the race tightened over the weekend as the Des Moines Register’s final Presidential poll shockingly had Harris up three points in the state, underscoring that the election will be closer than current market expectations.
Oil is 3% higher after OPEC+ delayed a production increase by one month (although it’s not seen as a material policy shift).
Today there are no notable economic reports nor any Fed speakers so last-minute election outlook changes will be the driver of markets, although with the race so close it’s likely markets mostly chop sideways ahead of the election results on Wednesday (hopefully).
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