Wow.
Wow. Where to even begin unpacking last week? OK, let’s give it a try ..
As an immense week began, Wall Street was acutely aware that following the 2020 election, stock prices swung around in both directions in an 11% range in the 24 hours following the closing of the polls and this time around the election looked even closer than it did then. If we go back to 2000, stocks fell 12% between election day and the Supreme Court’s removal of the ambiguity surrounding the outcome a few weeks later.
Throw in the current proximity to all-time record highs in stock prices and it was perhaps no…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.