Last week, a bunch of us were asked to make a prediction on the US Presidential election in The Business Times’ “View From Top”. Here’s mine:
“I believe that the common sense of the American voter will prevail. The facts are clear. The handling of the pandemic has fallen woefully short of the expectations of the American people. The rising case counts of COVID-19 are an acute embarrassment for American pride.
I also believe that voters invariably ask if they are better off this time compared to four years ago, when they are just about to put their cross in the box. If they believe they are, they will vote for the incumbent. If not, they will vote for the “other guy”. I think the “other guy” will win.”
What I wasn’t asked about was how the outcome of the US election might affect the way that I invest. And my answer would have been … not one jot....
