Monday Finance: Trump on track for narrow election defeat but "expect the unexpected"; ACCC boss Rod Sims "watching closely" on Virgin 2.0 to ensure Qantas competition

With the clock ticking down to a momentous election day in the United States, economists are sharpening up their forecasts on who'll win the White House and what it means for the world. 

If the polls can be trusted, Donald Trump is heading for a defeat in a fortnight's time though the margin could be narrower than initially expected. So now the focus is turning to democratic contender Joe Biden and the massive challenge he faces in turning around America's pandemic ravaged economy. 

I speak with Betashares chief economist David Bassanese.

Also I speak with ACCC chairman Rod Sims about Bain Capital's plans for Virgin Australia who says he'll be "watching very closely" to ensure the airline is a full service competitor to Qantas.

Here's my analysis broadcast on RN Breakfast with Fran Kelly