PANews reported on October 24 that according to Jinshi, Jean Boivin of BlackRock Investment Institute said that the market underestimated the risk that one of the US presidential candidates would dispute the election results next month. A disputed victory could lead to "weeks of very messy legal battles," which could shake risky assets. While stocks remain close to all-time highs, Treasury bonds have been hit by a sell-off. Trying to trade the US election is "foolish behavior," and what really needs to be paid attention to is the disputed election scenario, which the market does not fully reflect. If investors want to be prepared for a certain situation, a disputed US election result is one of them. As the election is deadlocked, voters and investors are increasingly likely to wait until after election night to know the results - especially if any candidate chooses to question the vote count in key swing states.
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