With less than three months to go until November 3, incoming polling data on US President Donald Trump and former Vice President Joe Biden may start to unnerve – or bolster – market sentiment. While the Democratic National Convention did not appear to stir markets, polls taken after the three-day event indicate that Mr. Biden’s net approval was higher after the DNC concluded.
The Republican National Convention will take place August 24-27, with President Donald Trump speaking every night. This runs contrary to the tradition of having the presidential candidate speak only once, typically only on the night where they formally give an acceptance speech. While breaking away from convention has been Mr. Trump’s modus operandi, the move may hint at an underlying sense of urgency in generating more support. Read more…..
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CNBC’s Kelly Evans discusses the economic recovery with economist Michael Darda of MKM Partners.