by Jim Rickards, Daily Reckoning:

This is a highly consequential election year, to say the least. The policy differences between Biden and Trump are enormous. Whether it’s taxes, regulation, borders, energy or foreign policy, the differences couldn’t be clearer.

And though I prefer to focus my analysis on markets alone, I can’t. These days especially, politics plays too great a role in how markets behave.

But this year’s election is about far more than policy.