The transition phase continues. The markets are still being guided by virus containment, the US presidential elections, and macro data, although the second wave of the Coronavirus is less scary, as containment measures as strict as those imposed in March do not seem to be on the horizon. For what concerns the presidential election in the US, voting intention polls are awarding Biden victory, but investors would also be content if Trump were confirmed… Important macro data releases due this week.
Audio recorded on 19 Oct. 2020