Member-only story
The aftermath of the election
The presidential election is over, so it is safe to start trading again?
First of all, as of writing this, we actually don’t know yet who has won the Presidential Election.
As of this morning, Biden leads Trump in the Electoral College 264–214, and we are waiting for an update to see who won Nevada.
If Biden wins Nevada, this will give him 270 electoral votes exactly enough to win the presidency.
The Trump campaign has also filed lawsuits against the states of Pennsylvania, Michigan, Nevada, and Georgia as the race to 270 looks to be nearing its end.
As of now, it is still a close race. We won’t have any updates until later today, as Nevada basically said yesterday:
“You know what, we’ll keep counting, but stop bothering us, we’ll let you know tomorrow around noon. Until then we will not publish any more results.”
So we will see what is happening there soon.
Looking back to last week, the markets were a little bit worried about a so-called “blue wave.” This means the Democrats would control both the House of Representatives, and The Senate.
