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To: Sun Tzu who wrote (16947)10/27/2020 4:47:29 AM
From: petal  Respond to of 16955
 
Uncertainty = bad
High valuations = larger risk for significant negative reaction

However, I think one shouldn’t put too much emphasis on elections. Markets tend to overestimate the significance of relatively unimportant news (in the long run, what will it matter if it takes a few months to figure out the angles? Belgium is without government quite frequently, and for long spans of time. Seems to work out OK. (We don’t need masters...!)