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More uncertainty amid US polls, Brexit, vaccine issues

Published Sun, Oct 18, 2020 · 09:50 PM

THE world is in for another week of uncertainty, unless there is a new twist in the tumultuous US presidential campaign or a breakthrough in vaccine development.

It is becoming difficult to count the number of crises facing the world economy and yet US stocks remain near record levels.

US stocks finished a highly volatile week more or less flat as stimulus talks, difficult Brexit negotiations, the ongoing Covid-19 outbreak and the presidential election all veered towards crisis levels.

Why so sanguine?

T…

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