US Presidential Election: the final hours

By: Miguel A. Rodriguez

11:37, 05 November 2020

1604484202.jpg
Fraud, despair, and patience as the electoral votes are counted

The most anticipated political event of the year turns out to be tighter than expected between Donald Trump and Joe Biden. The current president has added some controversy when he stated that fraud was committed during this election in the battle with the Republicans. He added that he would fight it in the Supreme Court.

From Trump’s point of view, he already won the election, and in a statement that he made at the White House, he wants “all voting to stop.” So far, Trump won the states of Florida, Alabama, Kentucky, Texas, Iowa, Ohio, and West Virginia.

On the other side, Joe Biden has urged patience and confidence to his supporters, “Keep the faith, guys, we’re going to win this.” So far, he won states like Connecticut, Delaware, and New Jersey. But events are expected to take a swing as Arizona went for Biden, along with Michigan and Pennsylvania. These are crucial battleground states.

According to the Associated Press, Biden currently has 238 electoral votes, while Trump has 213. For a candidate to be declared a winner, 270 electoral votes are necessary.

Sources: Morningstar.com, apnews.com

Share this article

This information prepared by capex.com/za is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation, or the particular needs of any recipient.You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation, or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of capex.com/zaJME Financial Services (Pty) Ltd trading as CAPEX.COM/ZA acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via CAPEX.COM/ZA, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15.  Magnasale Trading Ltd is the principal to the CFD purchased by investors.