A disputed U.S. presidential election outcome is a potential uncertainty that markets need to pay attention to, said Clete Willems, a former deputy director of the National Economic Council.
ahead of the November election. That would also help the president's chances, said Willems, adding that it's especially so if the nominee is Amy Coney Barrett, who's someone that excites the conservative base.
"So, I think this is going to be an incredibly tight race. And I do think, unfortunately, we may not have an outcome immediately, probably going to be litigation that follows and I just hope that we can get this resolved in relative short order so there isn't uncertainty come January," he said. "I really do think that this is something we're going to have to deal with.
The passing of Ginsburg set up a battle over the Supreme Court which had a 5-4 majority of Republican appointed justices. If Trump's nominee were to be confirmed, a 6-3 majority could have a huge influence on the shape of the law in the U.S. for a generation to come.
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