October the 17th is in the books here on
Wall Street's here's the New York minute
it's been a relatively quiet today on
both sides of the Atlantic stocks failed
to make much progress neither the bonds
although you did see a continued run on
UK gilts think it's fair to say that
everybody's really rather preoccupied by
the u.s. 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 is seen now is
very likely indeed indeed it's also
thought to be more likely that the
Democrats might surprisingly win control
of the house then 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
have lost if you look at managed health
care 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 insurers
and that's the New York minute