As votes pour in, financial markets are bracing for a wild ride. US stocks are looking up, at least for now, with the S&P 500 and Nasdaq both on the rise. Hedge funds are eyeing the dollar in anticipation of a Harris victory, and financial pros are preparing for a Trump re-election scenario—cue the Elon Musk White House conspiracy theories!
And speaking of Musk, his million-dollar “voter giveaway” survived a challenge in Philadelphia, but there’s drama bubbling in the prediction markets too. Platforms like Polymarket are under scrutiny for promoting election betting. Meanwhile, the rest of us? We’re just watching, hoping our hard-earned investments aren’t on the chopping block. So stay tuned because, if history tells us anything, markets are about as predictable as LA traffic.