Traders seek shelter in hard-hit assets on US election twist
Carolina Wilson, Vinícius Andrade and Ronojoy Mazumdar
In a year marked by electoral surprises from India to South Africa and Mexico, the latest twist – now in US politics – is prompting investors to tout some of the most battered assets in the developing world.
The lack of clarity – on US Vice President Kamala Harris’ Democratic nomination, her policies and odds against Donald Trump in the November vote – has investors from Van Eck Associates to Robeco bracing for volatility.
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Bloomberg
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