Wait and see? Investors better off waiting until after election to change holdings

Rash decisions could prove costly

Not long to go until polling day in the US Presidential Election, Joe Biden retains his consistent lead in the polls following the TV debates. He leads in some key swing states but in others, such as Florida and North Carolina, the race is still too close to call.

Many have been watching for the results of several big events that have happened over recent days, such as the release of third quarter GDP data, which could further influence voters. The US markets have risen over the course of the campaign, recovering back to pre-Covid levels, though this could be attributed to investors focusing more on the fact that the US economy is recovering faster than many had expected, with further economic stimulus measures being discussed in Congress at present. Apart from the race for the Oval office, the elections also include every seat in the House of ...