Market is 'getting a bit nervous' ahead of US election

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Market confidence is falling as tensions rise over the US presidential election, the outcome of which will potentially be unclear for weeks to come, according to Tribeca Investment Partners’ Jun Bei-Liu.

Ms Bei-Liu told Sky News it could be two to three weeks until an election result was delivered, “so the market is getting a bit nervous”.

“There’s quite a meaningful sign of profit taking across some of the winners over the last three to six months and what’s interesting if we just a lack of support for many stocks simply because of a lack of confidence,” she said.

“Combine this with an increase in the second wave and also the lockdown news out of the UK, the European markets as well, so it's getting people a bit nervous.”
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