Singapore’s CPF scores big in global pension index; Trump’s odds dwindle as Harris gains momentum in US election: Singapore live news

FILE PHOTO: Democratic Vice President Kamala Harris and Republican opponent former US President Donald Trump are seen in a combination of file photographs taken in Chandler, Arizona, US, October 10, 2024 and in Evans, Georgia, US, October 4, 2024. REUTERS /Evelyn Hockstein and Octavio Jones/File Photo — As the election draws near, will Kamala Harris maintain her lead, or will former president Donald Trump rally his supporters in time to clinch victory? REUTERS/Evelyn Hockstein and Octavio Jones/File Photo

As the countdown to the US presidential election intensifies, Vice President Kamala Harris and former President Donald Trump are locked in a fierce battle for the White House.

A recent poll from the Des Moines Register shows Harris leading Trump by three points in Iowa, a state pivotal to Trump’s past victories. This shift has prompted a scramble in betting markets, with Trump’s odds falling sharply.

Harris is capitalizing on key issues such as women’s rights and healthcare, appealing to voters energized by recent Supreme Court decisions.

“This election is our chance to turn the page and build a better future,” she stated at a rally in Georgia, drawing large crowds and significant enthusiasm from women voters.

Meanwhile, Trump is rallying his supporters with a message of strength and resilience, despite recent controversies surrounding his campaign.

His speeches focus on a grim vision of the future if Harris is elected, aiming to mobilize his base with stark warnings.

“Do you want to lose your job and your home?” he asked during a rally in Virginia.

Early voting is reaching unprecedented levels, with over 75 million ballots already cast.

This surge indicates a highly engaged electorate, which could significantly influence the final outcome, especially in battleground states.

Analysts suggest that turnout will be crucial in determining who secures the necessary electoral votes.

OCBC’s investment strategy highlights that a Harris victory, alongside a clean sweep of Congress by Democrats, may be “neutral to positive” for both equities and bonds.

They also note the importance of the Electoral College over popular votes, the potential for post-election uncertainty, and how the outcome could significantly impact fiscal policies and market performance.

As Election Day approaches, both candidates ramp up their efforts across the nation, with the stakes higher than ever for the political landscape.

More US election coverage here.