Dear all It is less than a week from the U.S. election. U.S. markets are understandably jittery. S&P500 has fallen 316 points, or 8.9% from its intraday high of 3,550 on 12 Oct 2020 to touch an intraday low 3,234 on 30 Oct 20. In fact, S&P500 has tumbled 195 points or 5.6% this week. S&P500 closed at 3,270 on 30 Oct. The media has written extensively on the risks surrounding U.S. election since months ago hence the election event risk is hardly a new one. Examples of risks which media has written about is the possibility on contested election results + perhaps unrest and uncertainty over the election outcome. What is new this week may be a) Stimulus talks have stalled and unlikely to have any concrete stimulus packages before U.S. election. The size and form of the stimulus may differ post-election depending on who wins; b) Depending on the individual, some may be happy that S&P500 is weakening ahead of the election...