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US 'blue ripple' to hit mining equities, says Jefferies

A hamstrung Democratic government could mean a scaled-back stimulus package and a stronger US dollar, two factors that do not bode well for mining equities in the near term, economists at investment bank Jefferies said Thursday.

Staff reporter
A narrower than expected Democrat win in the US elections may not bode well for mining equities in the near term.

A narrower than expected Democrat win in the US elections may not bode well for mining equities in the near term.

The close US election race means the predicted "blue wave" following a Joe Biden victory may turn out to be more of a "blue ripple", says Jefferies, which is now expecting a "skinny" stimulus of US$500...

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