Share:
  • Trump and Biden clash in a mostly civil debate.
  • Trump stays on message and remains composed throughout.
  • Biden's several errors will appear in campaign ads.

The final debate of the 2020 election was a huge change from the raucous and barely controlled initial confrontation.

Donald Trump and Joe Biden learned the public disapproval lesson of their first meeting. Interruptions were minimal, response times were short and the directions of the moderator Kristen Welker were generally followed.

The six topics, COVID-19, American families, race in America, climate change, national security, leadership were covered in 15 minute segments with each candidate given an uninterrupted two minutes to speak.

Market response was minimal with currencies, US equity futures and bonds unmoved.

As he said he would, Mr. Trump brought up the recent charges that Biden's son Hunter traded on his father's office to enrich himself and the Biden family.

Mr. Biden challenged the president to release his tax returns and said the president was responsible for the 200,000 COVID deaths in the US.

The quality of the exchanges and the informative value was high. Each candidate performed well, though in comparison to the first debate Trump showed much greater range.

Most of the back and forth challenges moved to Trump's initiative. His persona was considerably different, restrained, focused and in command of facts and recall.

In that difference Mr. Trump probably helped himself more with his modulated performance than Mr. Biden who was unchanged from his earlier appearances.

Mr. Biden also committed a number of errors that will certainly appear in Trump campaign ads in the next twelve days.

Primary was his statement that “I would transition from the oil industry.” When combined with his previous promises to end fracking, which in the debate he denied ever saying, but exist in several videos, the impact could be costly in close states like Pennsylvania where the oil industry has brought prosperity to many communicates.

He also claimed that the laptop subpoenaed by the FBI last year in a money-laundering investigation and now at the center of the corruption accusations swirling around his son Hunter and himself, was a Russian plant. The FBI and the Director of National Intelligence, the head of all 17 US intelligence agencies, John Ratcliffe have said that it is not, clearly implying that the computer and the information on it, belong to Hunter Biden.

Finally in an exchange over Obamacare, Mr. Biden claimed that no one lost their health insurance because of the bill, an assertion debunked many times.

Mr. Trump committed no errors and was forceful in pursuing Biden, at several points asking him direct questions to which the former Vice-President had no response.

But with so few undecided voters and so little time left will President Trump's superior performance matter?

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended Content


Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended Content

Editors’ Picks

EUR/USD rebounds from multi-week lows, trades above 1.0750

EUR/USD rebounds from multi-week lows, trades above 1.0750

EUR/USD came under heavy bearish pressure and declined to its weakest level in three weeks below 1.0750 on Friday after the stronger-than-expected Nonfarm Payrolls data. Week-end flows, however, helped the pair erase its daily losses.

EUR/USD News

GBP/USD remains on track to snap three-week winning streak

GBP/USD remains on track to snap three-week winning streak

GBP/USD recovered toward 1.2550 after coming in within a touching distance of 1.2500 in the second half of the day after Nonfarm Payrolls came in at 199,000 for November. Despite the recent rebound, the pair remains on track to snap a three-week winning streak.

GBP/USD News

Gold retreats below $2,020 as US yields push higher

Gold retreats below $2,020 as US yields push higher

Gold broke below its daily range and declined toward $2,010 with the immediate reaction to the upbeat US November jobs report. Although XAU/USD managed to recover toward $2,020, rising US Treasury bond yields triggered another leg lower.

Gold News

Bitcoin price could retrace to $42,000 if US Nonfarm Payroll comes in at 180,000

Bitcoin price could retrace to $42,000 if US Nonfarm Payroll comes in at 180,000

Bitcoin price just like other assets, is highly impacted by the macro-financial developments. This includes the Nonfarm Payrolls (NFP) report released by the BLS of the United States. 

Read more

The week ahead – Fed, ECB and Bank of England rate decisions

The week ahead – Fed, ECB and Bank of England rate decisions

When the Federal Reserve kept rates unchanged back in November for the second meeting in a row there was still the distinct possibility that the final meeting of 2023 would provide the possibility of one more rate rise to round off the year in line with Fed policymakers dot plot forecasts of 5.6%.

Read more

Majors

Cryptocurrencies

Signatures