Stock market fears of delayed US election results 'overstated'

A number of states allow votes to be processed and counted well before election day. File picture: Carolyn Kaster
Traders should temper their fears that a delayed US election result could upend markets, according to Goldman Sachs.
While a delayed outcome is a “tail risk", a combination of early results, voter turnout, county-level data, and the high correlation of polling errors across states suggests investors will have enough information on election night to determine the likely victor, according to economists Michael Cahill and Alec Phillips.