tisdag 5 november 2024

The election in the United States

The vote
Polling stations: The economy and the future of democracy the most important issues

The US economy was voters' single most important issue when they went to the polls today, according to the AP polling poll of over 110,000 voters. A whopping 39 percent of voters point to the economy as the most important issue.

- This is good news for Donald Trump. It is exactly what he has dreamed of, says US commentator Marcus Oscarsson in TV4's broadcast.

The second most important issue was immigration and the third most important was abortion, according to AP. All three issues are seen as more important than in the last election, and the immigration issue has increased in importance the most.

But when voters were asked which issue most influenced their decision, another issue came out on top: the future of democracy. About half of the voters answered that it was the most important motivation for voting.

CNN's polling station survey shows similar tendencies. There, the three most important issues are democracy (35 percent), the economy (31 percent) and the abortion issue (14).

The vote
Poll: Harris more popular than Trump — but not in Pennsylvania

44 percent of American voters have a positive attitude toward Donald Trump. In 2020, the corresponding proportion was 46 percent. This is shown by a national survey from the research company Edison Research, reports several media.

48 percent have a positive opinion of Kamala Harris, which is lower than the 52 percent who last election had a positive opinion of Joe Biden.

Among voters in the swing state of Pennsylvania, 47 percent say they have a positive opinion of Donald Trump. For Kamala Harris, the corresponding share is 46 percent, which is four percentage points lower than for Joe Biden in 2020. 
 
The final sprint
Harris invested ten billion in the wave master states alone - the most expensive campaigns to date

Kamala Harris and Donald Trump have together spent 3.5 billion dollars on their campaigns, equivalent to 37 billion kroner. It is the highest campaign bill for a presidential election ever, writes the Financial Times.

The great bulk of the campaign coffers has gone to advertising – it has cost almost four times as much as all operational costs, the newspaper writes.

The seven wave master states are the ones that are flooded the most with ads. Harris's campaign alone has spent over 10 billion kroner on advertising in those states.
 
 
Market reactions
Investors at full throttle: "Pulled in different directions"

Global investors sit as if on pins and needles when the United States goes to the polls on Tuesday evening, writes Reuters.

The result could shake assets around the world and have extensive financial consequences.

Demand for several types of hedges against price swings in the currency market has risen to the highest level since the 2016 presidential election when Trump was elected.

- The market is being pulled in different directions as investors try to price in a lot of unknowns regarding the election, John Hancock Investments strategist Matt Miskin told Reuters.

In about a week, the market will have a conclusion as to whether the positions are right or whether it is time to sell off assets, he adds.
 
Market reactions
Chief strategist: The stock market is doing well regardless of who wins

Bank of New York Mellon's strategists are positive about the stock market regardless of how the night's election goes. The bank's chief strategist Alicia Levine tells CNBC.

BNY Mellon assesses that there will be a divided congress, which is predicted to benefit the stock market.

- It will be the most positive thing of all, she tells the channel.
 
Swedish interest rates
Economist: Trump's victory would threaten Swedish interest rate cuts

A return of Donald Trump to the White House could make it more difficult for the Riksbank's planned rate cuts going forward, according to Peder Beck-Friis, economist at asset manager Pimco.

Trump's threat of tariffs can lift the dollar and create a new wave of inflation, moreover, the market has already shown that the krone will take a beating if he wins, Beck-Friis told TT.

He points out that the krona has moved in a pattern against the dollar, with the Swedish currency weakening as the market positioned itself for four new years under Trump.
 
 
Attempts to influence
Bomb threats against polling stations were written in Russian characters

Several polling stations in the wave champion state of Georgia have received bomb threats during election day. They were sent over the Internet and contained characters from the Cyrillic alphabet, which is used in Russia and other post-Soviet states, Secretary of State Brad Raffensperger said, according to the AP.

- We dealt with it quickly and then the FBI followed in our footsteps, he says at a press conference.

After the FBI issued a statement about the threats, they gradually subsided, Raffensperger adds. According to the FBI, the threats came from Russian web domains.
 

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