Door Number Three

Door Number Three

"The presidential election is slowly turning into a hot topic among our clients as peak corona fears are clearly behind in Europe, while the jury is still out on whether a new fatality spike will lead fearmongers back into the driver's seat in the US", Andreas Steno Larsen writes, in his traditional week ahead outlook piece. While the US election may just now be climbing the list of "hot topics" for Nordea's clients, it's all the rage stateside. Things got more bizarre over the holiday weekend
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5 thoughts on “Door Number Three

    1. Shanghai has outperformed other major markets around the world by a substantial margin over just about every time frame over the last 12 months.

      It is little wonder that the CCP has been rather calm and measured with regards to escalating US rhetoric and sanctions. Given the post lockdown economic background, I doubt that there are many governments around the world that are in as rush to start economic warfare against China over human rights abuses in Xinjiang or the abrogation of political freedoms in Hong Kong.

      In addition, as poorly as China’s aggressive moves in the South China Sea and the Himalayas might be playing in neighboring countries, I suspect that the racist incitement from the White House is potentially just as unappealing (if not more so) in many parts of the world.

  1. “We have to at least ask why it is that the US is the only developed country where the re-opening process has been accompanied by a massive surge in daily infections.”

    The answer to the question revolves around the assumption that the US functions as a developed country. Increasingly, it does not.

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