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“We Worry About Armed Conflict”: Investors Are Suddenly Freaking Out About Post-Election Violence

November 2, 2020
Tyler Durden

“We Worry About Armed Conflict”: Investors Are Suddenly Freaking Out About Post-Election Violence

Tyler Durden

Mon, 11/02/2020 – 14:44

Earlier we reported that amid fears of election night chaos, the White House has been put on lockdown, and that according to NBC sources, beginning tomorrow, a “non-scalable” fence will be erected to secure the WH complex, Ellipse and Lafayette Square with 250 National Guardsmen on standby.

It’s not just the White House that is freaking out about violence tomorrow. As reported earlier, stores across the country are boarding up…

… while CNN anchors who fan social unrest and encourage violent protests are shocked, shocked that rioting may take place here.

And now, it seems that Wall Street is also starting to freak out: in a note by AGF Investments’ Chief US Policy Strategist Greg Valliere, he wrote that the “threat of post-election violence has been a dominant topic in virtually every investor briefing we’ve done this fall,” but he’d “never raised the topic of violence — until now.”

Valliere said he was “stunned to see much of the city boarded up” while driving through downtown Washington over the weekend, and flagged disruptions in Portland, Ore., and elsewhere.

“In a country this angry – and armed to the teeth – we worry that an inconclusive election could unleash conflict,” and judging by the record pre-election VIX, which is far, far higher than where it was the day before the 2016 election, so is everyone else.

In a hint that violence may indeed be coming, Biden’s Campaign Manager Jen O’Malley Dillon said that “under no scenario will Donald Trump be declared a victor on election night” confirming that there is no condition under which Biden would concede tomorrow.

“President Trump believes that if he wins the East Coast battleground states, Florida, North Carolina and Georgia, he plans to go out and declare victory, and we want to be clear with you if he tries to do that that will not be true.”

Odd how nobody has accused him of hacking America’s democracy with those comments. Now if it was Rusia….

Finally, and in response to fears that violent conflict will break out over the next 48 hours, moments ago the National Guart was deployed in South Philadelphia.