Placeholder Image

Subtitles section Play video

  • October 17th is in the books here on Wall Street.

  • Here's the NewYorkMinute.

  • It's been a relatively quite day on both sides of the Atlantic's stocks,

  • failed to make much progress, neither did bonds,

  • although you did see a continued run on UK yields.

  • I think it's fair to say that everybody's really rather preoccupied by the US presidential election now coming up next month.

  • If you take a look at the prediction markets,

  • you can see that Hillary Clinton victory in the presidential election in seen now as very likely indeed.

  • Indeed, it's also thought to be more likely that the democrats might surprisingly win control of the house

  • than that Donald Trump stages a comeback to win the presidency.

  • Now, those risks are now reflected in security prices.

  • If you take a look at the Mexican peso,

  • you can see it's rallied very significantly over the last few weeks,

  • particularly during those two debates which Donald Trump was held to of lost.

  • If you look at Managed healthcare stocks,

  • you can see that they have underperformed drastically during this period of Hillary Clinton's ascendancy.

  • The notion of a Clinton presidency plus a democratic house is regarded as very potentially negative for health insurance.

  • And that's the NewYorkMinute.

October 17th is in the books here on Wall Street.

Subtitles and vocabulary

Operation of videos Adjust the video here to display the subtitles

B2 FinancialTimes hillary clinton presidency presidential election hillary clinton

Ready for Hillary

  • 12 1
    Colleen Jao posted on 2016/10/20
Video vocabulary