The final debate of the 2020 election was a huge change from the raucous and barely controlled initial confrontation. Trump stays on message and remains composed throughout while Biden’s several errors will appear in campaign ads. Market response was minimal with currencies, US equity futures and bonds unmoved, as FXStreet’s Analyst Joseph Trevisani notes.
Key quotes
“Donald Trump and Joe Biden learned the public disapproval lesson of their first meeting. Interruptions were minimal, response times were short and the directions of the moderator Kristen Welker were generally followed.”
“Most of the back and forth challenges moved to Trump’s initiative. His persona was considerably different, restrained, focused and in command of facts and recall.”
“Mr. Biden also committed a number of errors that will certainly appear in Trump campaign ads in the next ten days. Mr. Trump committed no errors of equal importance and was more forceful in pursuing Biden at several points asking him direct questions to which he had no response.”