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Politics to Overshadow Economics in the Week Ahead
The major central banks have placed down their markers and have moved to stage left. There are the late-month high frequency data, which pose some headline risks in the week ahead. The main focus for most investors will be on several political developments. The first US Presidential debate is wild card, in the sense that the outcome is unknown. In recent weeks, the polls have drawn close. In early August, Nate Silver's fivethirtyeight.com, the gold standard of the poll analysis, gave Trump about a 15% chance of becoming President. It now puts the odds at near 40%. Rarely have the odds of Trump's election been higher. ... (full story)