🇺🇸❌🇺🇸🇺🇸 — Video: During his rally in Pennsylvania, Republican Candidate Donald Trump is informed live on stage that Joe Biden just called his voters "garbage"

🔗 End Wokeness (@EndWokeness)

🚩🇵🇸❌🇺🇸 — 📰 Ford Fischer: Attendees of Vice President Kamala Harris’s rally at the Ellipse resort to climbing over the “scale proof” fences surrounding the event after exit gates were closed, apparently due to pro-Palestine protesters on the other side.

🔗 Ford Fischer (@FordFischer)

🚩🇵🇸❌🇺🇸 — 📰 Ford Fischer: "You say it's open but where's it open?" crowds frustrated attempted to confront police as they had difficulty leaving the Harris rally.

"No! No! No!" a cop said as a man jumped, leaving a woman with him behind, who would have had to find a not-closed gate.

Meanwhile, police attempted to confine the pro-Palestine protests outside.

🔗 Ford Fischer (@FordFischer)

🚩🇵🇸❌🇺🇸 — 📰 Ford Fischer: In footage captured by @T_Jones_Media, pro-Palestine protesters confronted a woman leaving the Harris rally, creating a tense moment as she grabbed a journalist's camera.

➡️ She then took out a camera of her own and began photographing as well.

🔗 Ford Fischer (@FordFischer)

🚩🇵🇸❌🇺🇸 — 📰 Ford Fischer: "Get a job!" an apparent Harris supporter yelled at pro-Palestine protesters as they chanted "Arms embargo, no debate!"

"There is only one solution, Intifada revolution!"

"We don't want no Zionists here!"

🔗 Ford Fischer (@FordFischer)

🇺🇸 🇯🇵 🏦 From Nomura Charlie McElligott:

Markets have largely priced in a Trump victory and Wall Street seems to be eyeing a full Republican sweep next week.

In the event of a Harris victory and a gridlocked congress, traders are positioned "Risk Reversal" across asset classes sending bonds higher while sending interest rates, deregulation themes such as bank stocks ($XLF), gold, and bitcoin lower.

In the unlikely event of a full Democratic sweep of both the Senate, the House, and the Presidency, serious acute downside risks for the broader stock market is likely given negative growth implications of re-regulation and corporate tax hikes impact on earnings, especially after markets have already rallied considerably into the election on expectations of tax cuts.

🗒 In simple terms, if Harris wins but congress is R or split, bonds ($TLT) should rally while bank stocks ($XLF) gold, and bitcoin will likely see downside while the broader market ($SPY) will likely still rally into the end of the year

❗️ However, if Democrats sweep all of congress and the presidency, expect a potential -7% to -10% in the broader market ($SPY) over 1 to 3 months after the election

Overall, market participants are "over-hedged" given recent volatility over the past three months. In the absence of a Democratic sweep, hedge funds are going to FOMO into higher net exposure through to the year's end to make up for the cost of current downside hedging and underexposure.

@CIG_Telegram
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