The S&P 500 was down Friday for the ninth straight day, something that hasn’t happened since 1980. “The U.S. elections are the elephant in the room for markets,” Julius Baer’s head of research Christian Gatticker told Bloomberg. Donald Trump is still a long shot, consistently trailing Clinton in key swing states, but the stock market seems to be evaluating his odds for what they are: a low, if real, chance of economic harm. That a campaign based on those ideas still has by some estimates a 35 percent chance of winning should scare markets. As Trump’s chances of winning have risen and Clinton’s chances have fallen, the stock market has reacted with the most prolonged sell-off since the financial crisis, as this chart compiled by the Financial Times’ John Authers shows:

Source: Huffington Post November 06, 2016 14:55 UTC