Need to Know: Beware of betting against a favorite millennial pastime

A small ripple of relief has crested across Wall Street on signs that the “nasty woman” didn’t blow last night’s debate.

That key presidential barometer, the Mexican peso USDMXN, +0.6117% didn’t get that much of a lasting rise out of last night’s clash, and stock futures were in the black, at least until central banks snapped us out of our political stupor with some comments from ECB President Mario Draghi (see below).

A Hillary Clinton win has generally been seen as a more friendly outcome for Wall Street. But some say investors should just tune out the politics, at least until we get closer to the big day.

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