The presidential election has the potential to cause considerable volatility and could possibly re-price a number of markets across the globe, analysts at Citi highlighted in a new note on Monday.
“With huge uncertainty around the outcome and the consequent shape of economic and political policymaking, many asset prices are likely to see increased volatility. This, in itself, could provide a considerable headwind to growth,” analysts at the bank, including Tina Fordham, said in the note.
A “black swan” event is a metaphor used by the investment community to describe an event that comes as a surprise, such as the crash of the U.S. housing market in 2008 or the Japanese earthquake of 2011. However, Citi sees these as not being able to cause the maximum disruption in markets.
via CNN 
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.