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Added on the 10/11/2020 09:28:20 - Copyright : Wochit
President-elect Joe Biden and Vice President-elect Kamala Harris' have chosen a Covid-19 transition advisory board. The newly appointed team is led by established public health officials and staffed by doctors and government officials. The board is co-chaired by former FDA Commissioner Dr. David Kessler, former Surgeon General Dr. Vivek Murthy and Dr. Marcella Nunez-Smith. According to CNN, Dr. Marcells Nunez-Smith is a Yale associate professor of medicine and epidemiology. Also on the advisory board are well-known medical figures, including Dr. Zeke Emanuel, and Dr. Atul Gawand. Rounding out the board's expertise is Rick Bright, who led the government's production and purchase of vaccines.
An RBC Capital Markets analyst says that based on recent options trading, the market believes the next US president will be known by November 6th. However, Amy Wu Silverman, RBC's head of derivatives strategy, believes the risk of a contested election is 'severely underpriced' in the stock market. According to Markets Insider, the stock market is eagerly waiting for Congress to pass the next fiscal stimulus package. However, no progress will be made until a clear winner of the election is determined. We in the options market think about tail events, my worry now is that maybe a situation coming up where there is not a clear winner for a while. Amy Wu Silverman, Head of Derivative Strategies RBC Capital Markets A tail event is an unpredictable and rare market outcome that could come as a shock to investors.
Kanye West shared fake election results today on Twitter. It showed him ahead of President Donald Trump and Democratic nominee Joe Biden in Kentucky. Early voting began on Tuesday in the southern Bluegrass state, says Business Insider. "GET THE WEST WING READY !!!" he tweeted alongside a video that showed him celebrating. The inaccurate results that showed him in third place behind Jo Jorgensen and Brock Pierce. Local Lexington news outlet Lex 18 confirmed the results were not accurate.