Week Ahead, Earnings Season | Argosy Property Global markets ended the week on a high (S&P 500 +0.9%) as revived hopes for a US$1.8 trillion US stimulus boosted morale and polls continue to point to a Biden election win. A Biden win may not be as bad for markets as initially assumed, not because Biden’s policies would be pro-stocks (with proposed tax hikes), but more because anything other than a contested outcome should be a relief for markets (which don’t like uncertainty). It is set to be a busy week ahead with the focus on quarterly reporting season in the US and a number of AGM’s in Australia/NZ. During reporting season, investor attention usually shifts back to company specific news flow rather than big picture issues, however given we are heading into important elections in the US they are likely to remain front-of mind. The property/housing market across Australia has been remarkably resilient (ex-Melbourne) and is even booming with a backdrop of low interest rates. This has seen a number of our rec...