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November 3 is the date to circle on the calendar — the first Tuesday of November, as per tradition. Voting and the results are happening while markets are open— contrary to many other countries that go to the ballots during the weekend. The president is elected via the Electoral College system. The candidate that wins most votes in each of America's 50 states and the Capital District of Colombia wins all the electors for that state, with two minuscule exceptions.

The total number of elections isand are needed to clinch the victory. The minimum is three electors, and California has the maximum number of electors, Source: Wikipedia. The president is the Commander-in-Chief and has significant sway over foreign policy. Several minor third-party candidates Oc unlikely to influence the outcome. Americans also elect all members of the House of Representativesthe lower chamber of Congress, and 35 out of Senatorsthe upper house. Broadly, the House approves budgets, and the Senate is responsible for nominations.

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Major legislation requires agreement between both chambers and the president. Democrats, led by Speaker Nancy Pelosi, currently control the House, with seats. Representatives are voted for a two-year term. Republicans led by Majority leader Mitch McConnell, currently command control of the Senate with 53 seats. Senators are elected for six-year terms.

A clean sweep enables the ruling party to do more and may have a more significant impact Tye markets than split powers. Both aggregate polls, with the former in a more sophisticated weighting while the latter uses simple averages. National vs. Who is polled?

The basics

Polls of likely voters are more significant than those of registered ones, which in turn, carry more weight than surveys of adults. It is also essential to note the survey dates.

The margin of error : If candidate A leads B by two points and the margin of error is three points, it means that at the time of the survey, the pollster projects any result between a victory for A by up to 5 points, to B, winning by one point. Who is polling? Make the trend your friend : Following up on the previous point, if the same firm shows candidate A rising from a one-point lead to three and then six, it is significant.

States that are polled infrequently do not provide clear trends, raising the level of uncertainty. A high level of people who have yet to make up their minds means uncertainty is elevated. This is of greater importance closer to election day. Electoral campaigns in the US are long, and some say never-ending.

The end of the primary season and the focus on the COVID pandemic have shifted the focus away from politics, but President Trump's mid-June election rally may refocus attention on the vote. The party will officially nominate former Vice President Biden and a yet-to-be-announced VP candidate. Investors will be on the lookout to see if the party moves toward the center or more radical-left policies. It will also sharpen the party's messages ahead of the elections. Delegates and politicians will even agree on a platform, Analysis Of Red Dawn Consisted Of The may shift between free-market capitalism and populism. September 8 : The day after the long Labor Day weekend is when many Americans tune in to the elections and when opinion polls will likely have a more considerable influence on markets.

Opinion & analysis

The first encounter between the candidates tends to gain the most media attention and could shape opinion polls and market reactions. An outlandish victory for one side Consited be needed to move markets in this case. October 15 : Second presidential debate in Ann Arbor, Michigan. The follow-up encounter may provide an opportunity for the nominee that is perceived as the loser to hit back at his opponent. October 22 : Third President debate in Nashville, Tennessee.]