Welcome to Thoughts on the market. I'm Andrew Sheets, Chief Cross Asset

Strategist for Morgan Stanley research. And I'm Ellen Zentner, Chief

U.S. Economist, and on the special edition of the podcast will be talking about the impact of the

U.S. election and the coronavirus pandemic for both the economy and markets.

It's Friday, November 6th at 9 a.m. in New York.

And 2 p.m. in London.

So Andrew, overnight Vice President Biden

took the lead in Georgia, and he just

pulled ahead in Pennsylvania.

Now, this would put him within striking distance

of the presidency, although, as we've all learned,

nothing is for certain.

But let's talk hypothetical here and say the Vice President wins the White House.

Given what looks like a divided government scenario,

how should investors be looking at asset classes

in regions right now?

Thanks, Ellen.

So first, as important as a presidential election is, there remains a bigger story that we think is also unchanged,

that the broader global economy is going to continue to recover, and that the global equity

and credit markets remain in a bull market and we think

those were forces that were in place before the election and will remain in place

after the election. I think this is also an election that could have important implications for the US dollar and other foreign

...