John Authers, Columnist

The Money Says Prepare for a Long Night, and Week

Market-based models suggest the U.S. election is far tighter than polls would indicate.

You may need stamina for this election night.

Photographer: Conrado Dela Cruz/Getty Images

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This is a blissful moment; I am about to write my last ever piece about the U.S. elections of 2020 without the benefit of hindsight. More or less everything seems inevitable once it’s happened. From here, nothing looks inevitable. Any number of strange phenomena may turn out to be important, or may soon be forgotten. So, while the U.S. elections remain like a Whodunnit novel that is missing its last page, let me try to review what is going to happen Tuesday and the rest of the week.