Trump, Clinton Enter First Debate in a Dead Heat

The transcript discusses the upcoming presidential debate between Trump and Clinton, highlighting a Bloomberg poll showing a tight race. It explores market expectations, potential impacts of a Trump or Clinton presidency, and the role of Congress in policy implementation. The discussion also compares potential market reactions to a Trump victory with the Brexit vote.

What does the Bloomberg poll indicate about the presidential race between Trump and Clinton?

• The race is very close, with both candidates tied.

• Trump is leading by a large margin.

• Neither candidate has significant support.

• Clinton is leading by a large margin.

How might a split Congress affect the implementation of policies?

• It would make it easier to pass new laws.

• It would have no impact on policy implementation.

• It would ensure all policies are passed quickly.

• It could complicate the process of passing new policies.

What is one potential outcome if Trump wins the presidency with a Republican Congress?

• A cooperative Congress that supports his policies.

• A Congress that opposes all his policies.

• A Congress that only supports Clinton's policies.

• A Congress that is indifferent to his policies.

What lesson can be learned from the market's reaction to Brexit?

• Markets always react positively to unexpected outcomes.

• Markets become more stable after unexpected outcomes.

• Risk assets tend to sell off initially but may recover.

• Unexpected outcomes have no impact on markets.

What is a concern regarding Trump's potential fiscal policies?

• They would have no impact on economic growth.

• They might be negated by his trade and immigration policies.

• They would only benefit foreign markets.

• They would lead to immediate economic decline.