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Perhaps the most noteworthy thing about the American Trump-Harris debate on Wednesday morning Australian time was that S&P 500 futures took a dip not long after it commenced. S&P 500 futures were down -12pts as the debate got underway. By the last ten minutes, they were down -21pts. Gold prices also climbed up to record levels during the debate. That real-time market reaction reflects, in my view, that this debate will end with no clear winner. The last Trump-Biden debate looked like it could solidify an outcome, that’s why Harris is here now. This debate isn’t chilling enough to look like it …

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