The stakes are high and the expected outcome far from clear when it comes to the US presidential election in November. Nordea Research analysts outline three possible scenarios and their implications for the economy and financial markets.
The Finnish economy survived the coronavirus crisis in the first half of the year better than expected. During the summer, domestic demand recovered rapidly from the sudden halt in the spring. The economic stress test continues, however. The uncertainty caused by a second wave of infections threatens to slow down the recovery, and the outlook for the export market is weak.