Market Rally Prefers Clinton

July was marked by low volatility and evaluated equity prices. This buy stock/sell volatility trend has worked since the first quarter . Markets will be sensitive now to presidential election polling. Up for a Democratic gain, down for a Republican. The election itself will probably not be as close as some polls currently indicate. CoverRisk believes it will be a Democratic victory. If it is not however, equity markets will enter a downside testing phase with negative rates presenting new challenges for quantitative easing.