During the electoral campaign, at a rally for the presidential elections on November 3, the still president of the USA specifically stated that he promised his supporters and all Americans that he would accept the result of these “fantastic elections” if he won. Yes, it is not a rook and that is what he said without any doubt, so it is not surprising that Thursday night press conference, which can be remembered as one of the most absurd moments of his entire term. An intervention so out of common sense and reasonableness that it took the overwhelming majority of televisions that were covering the event to have simply cut off the broadcast of Trump’s monologue.
But if the problems created by a defeat by the current president were to be expected, it remains to be seen whether the Republican Party will accompany him in this meaningless race, with many party members already condemning Trump’s statements. At the same time and perhaps more important for the markets, in Congress everything stays the same, that is to say, divided, which in principle guarantees from the outset that nothing very disruptive will be approved, but that is the positive part, the negative is whether there will be aware enough for both parties to put aside the disagreements and approve the stimulus package in the coming weeks, given that the economy and especially citizens need it. If there is no opening for an understanding, increased volatility can be expected within one to two weeks, with the feeling trapped by the threat of a double-dip in economic activity.
Photo by Nick Fewings.
