Since I don't have the right to vote, so this is an outside of the US point of view. Let's do a very simplistic coin flip. Let's say the chance of a Biden win is 50% and the chance of market crash under Biden is 50%. The chance for both outcomes is 25%. In order for the final outcome to be 50%, both 50% must be 70%.I am sitting on the fence.
![]()
An interesting take on probabilities.
Did you hear about the blonde and the scientist walking along a street and the scientist said to the blonde, "What do you think is the probability of the next person coming round that corner being Chinese?".
"Oh she said, 50-50."
"How can you say 50-50?", asked the scientist.
"Well", said the blonde, "he either will be or he won't be, so its 50-50".
I am sitting on the fence.