Institution: Market volatility will further increase before the Fed meeting next week and the US election

Odaily Odaily News: Lewis Grant, senior manager of Federated Hermes' global equity portfolio, said that as the US election approaches, financial markets may continue to be turbulent because of uncertainty about the election results. He said that the first presidential debate between Democratic candidate Harris and Republican candidate Trump provided little substantive policy explanation, "uncertainty around which candidate's economic agenda will take effect - or even what these agendas are - will affect market sentiment." Federated Hermes expects market volatility to intensify further before the Federal Reserve's meeting next week and the US election. "In the short term, the market will react quickly to changes in the US election and the macro outlook." (Jinshi)