What to Expect From a Joe Biden Presidency?

From healthcare to climate change, Morningstar analysts look at the implications of the Democratic Party victory in the 2020 Election

Dave Sekera, CFA 9 November, 2020 | 8:06AM Preston Caldwell

Joe Biden, US President Elect

With Joe Biden announced as the winner of the US Presidential Election over the weekend, what should we expect going forward? Global equities rallied on Monday morning as investors reacted to the end of the uncertainty that saw the election result delayed for days.

As ever, politics matters – particularly as it looks likely that Republicans will hold on to the Senate, denying Democrats the “clean sweep” to push through their ambitious programme of change.

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About Author

Dave Sekera, CFA  Dave Sekera, CFA, is a senior securities analyst with Morningstar.

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