Stock Market: Why is volatility dropping?
The last few days have been chaotic in the US. The POTUS contracted the coronavirus and returned to office (arguably earlier than is medically advisable), the virus is spiking in New York and elsewhere, a chaotic round elections is closing in, the Supreme Court seat may or may not be filled by a highly controversial justice - and that’s just the tip of the iceberg! How, then, does this translate to a higher economic confidence?