Four history lessons from US elections from Deutsche Bank ...Middle East

Deutsche Bank is out with a piece examining historical lessons for markets ahead of the November 5 US election. The first takeaway is that markets may not react as dramatically to a Trump victory as they did in 2016, since it wouldn't be the same kind of surprise - betting markets currently give him a 61% chance of winning compared to 28% in 2016.The second takeaway is that contested election scenarios have historically been rough on stocks, pointing to the 2000 election when the S&P 500 fell 8% in November amid the Florida recount drama and the 1876 election.On the Congressional front, the third point notes that every president since Clinton has started with their party controlling both cha

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