Tuesday, September 29, 2020

US presidential debates take centerstage.

The US Presidential debates 



According to Wikipedia - The 2020 United States presidential debates between the major candidates in the 2020 United States presidential election are being sponsored by the Commission on Presidential Debates(CPD).

The World watches 

After months of anticipation, Donald Trump and election rival Joe Biden are scheduled to meet on a debate stage for the first time in Cleveland on Tuesday night.

This could be Trump’s last best chance to turn the presidential race his way and win re-election.

Suffering from weeks of negative revelations in the news and trailing poll numbers, Trump needs a big score at the first presidential debate.


The China Factor...

The risks will be especially high over the next few critical months between now and the November U.S. presidential election, as both U.S. President Donald Trump and Chinese President Xi Jinping confront, and exploit, the messy intersection of domestic politics, national security imperatives, and crisis management. 


Domestic political opinion in both countries has turned toxic. 


The list of friction points is long, from cyber-espionage and the weaponization of the dollar to Hong Kong and the South China Sea. 


The channels for high-level political and military dialogue have atrophied when they are needed most. And both presidents face internal political pressures that could tempt them to pull the nationalist lever.


Markets are jittery

Wall Street’s main stock indexes were hovering near unchanged around mid-day in New York trading as investors steer clear of big bets ahead of Tuesday’s first presidential debate.

Concerns pile on as there may not be a clear winner in the days – and perhaps weeks – that follow election night.

Meanwhile FIIs (Foreign Institutional Investors) have been net sellers in the Indian Stock markets. 


(Disclaimer : This blog is for information purposes and not to solicit any business or to offer any kind of advise.)