Market Review and Trends
Biden Has Won the US Presidential Election: What Are the Implications for Investors?
By The Smart Investor  •  November 13, 2020
It’s official: the next US President is going to be Joe Biden, while Donald Trump is going to go down in history as one of the few US presidents who was not elected for a second term in office. Trump’s foreign policy towards China can best be described as confrontational. Many investors would be familiar with the US-China tensions by now as both sides refuse to give in to demands, resulting in heavy tariffs being levied on either side. With Biden in the top seat, the spotlight will again shift back to these relations if one can see past the current COVID-19 pandemic. Many businesses’ livelihoods hang in the balance, as US monetary and fiscal policies may either help or hinder them. As an investor, how should you position your investment portfolio? Are there any significant implications arising from this election? Taxes and guns An expected result regardless of whether the Republicans or Democrats win is the raising of corporate taxes....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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