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3rd December 2020

T. Rowe Price: US election results appear market-friendly

Although President Donald Trump has not conceded the race and has mounted legal challenges to contest key state results, the 2020 US elections appear to have produced a presidential win for Democrat Joe Biden. Two runoff elections in Georgia in January will determine the balance of power in the Senate. Currently, a continuation of divided government appears most likely, with Democrats narrowly retaining control of the House.

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