With election results showing Donald Trump has been elected President, stocks rallied on November 6th as concerns around an uncertain election outcome were abated.

As we close in on a week until election day, the outcome remains highly uncertain. It seems that each of the recent presidential elections has become more important than the previous one.

Over the past decade, Chinese stocks underperformed global peers, including the S&P 500, due to earnings declines and deteriorating levels of profitability.

Market prices already reflect lower interest rates from the Federal Reserve. As such, bond yields and fixed rate borrowing costs were little changed following the Federal Reserve’s decision to cut interest rates by 0.5% this past week.