US elections done and dusted (?) – Month in Review: October 2020
Following September’s decline, the S&P 500 retreated further during October as the run-up to the US elections was filled with controversy while the Covid-19 cases started picking up pace again. However, the early days of November provided a fresh lift to the US benchmark and we’re now seeing a test of earlier highs – our expectations suggest that with the election result pretty much clear now, US equities will see a short-term boost.
