InvestorQ : What is the final story on the US elections? Why is Trump still objecting to the results?
vaishnavi mhatre made post

What is the final story on the US elections? Why is Trump still objecting to the results?

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vidhya Laxmi answered.
2 weeks ago
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If you look at the map of the US and the vote concentration, the central part of the US and the oil producers have given a vote for Trump while the rest of the US bordering the centre is taken over by the democrats.

Over the weekend, Joe Biden clinched the all important state of Pennsylvania putting him almost certainly as the next President as the US. With 270 seats needed, Biden was already at 284. Trump is yet to concede defeat but that is now inevitable, irrespective of any last minute show put up.

It is already clear that the world markets were sort of exasperated with the four years of Trump and the slump that he had engineered. Global markets have already given a thumbs-up to the Biden win with the Indian markets celebrating by getting close to all-time highs.

Trump has of course, objected to the physical counting and tabulation of each vote but that is the way it has always been. Trump will remain the president till January 2021, when Biden will officially take over as the President of the US.

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