Wharton finance professor Joao Gomes , University of Maryland professor David Kass and Johns Hopkins University’s director of European and Eurasian Studies, Erik Jones , discussed the likely effects of the upcoming election on capital markets on the Knowledge at Wharton show, on Wharton Business Radio on SiriusXM channel 111 . (Listen to the podcast at the top of this page.)  Here are five takeaways from their discussion: Outlook for Markets and Volatility Gomes says the markets would be “fairly comfortable” with a Clinton victory so long as “that includes a Republican majority in at least the House of Representatives.” But if the Democrats were to take over the House, which now appears unlikely, then he would expect more “swings in valuations” and more nervousness about tax policy and regulation in the years ahead. Kass agrees.…