“Take a Deep Breath: Markets Are About to Be Dragged into a Real-Life Version of Fear and Loathing”

from Zero Hedge

By Michael Every of Rabobank

Take a deep breath. Markets are about to be dragged into a real-life version of ‘Fear and Loathing in Las Vegas’, a cinematic achievement one does not so much feel one has watched as been forced to snort off the screen at gunpoint. In other words, the climax of the US presidential election is upon us. Of course, there is a better Hunter S. Thompson novel to capture the bad trip that is 2020: ‘Fear and Loathing on the Campaign Trail ‘72’, which McGovern’s campaign manager himself said represented “the least factual, most accurate account” of the election. Indeed, once again we live in times where we are both lacking facts and yet see total accuracy; or we have the facts and lack the accuracy.

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