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Financial markets react to 2020 U.S. election with 'risk-on' behavior.
The article examines how financial markets reacted to the 2020 U.S. election. They found that as the election results became clearer, investors moved towards riskier assets. The market reaction was influenced by both a reduction in uncertainty and the probability of a Democratic presidency. Bond prices were particularly sensitive to the likelihood of a Democratic Senate and Presidency.
