Why Biden’s victory benefits the stock market?

Joe Biden’s victory in the US election is positive news for the stock market around the world, because it represents less uncertainty on the economy’s radar, which helps to reduce the fear of investing. This stimulates higher return products, such as stocks, and reduces the demand for assets considered strategic reserves, such as gold and dollar. Here three main reasons:

Stimulus package: Democrats and Republicans must finally reach agreement on the approval of the stimulus package in response to the pandemic crisis. The injection of up to US $ 1 trillion will help the largest economy on the planet gain strength and pull the rest of the world’s economic activity.

Global trade: Biden is expected to resume the trade deal agenda by taking a less confrontational stance with historic Americans’ partners. This policy is seen as positive by the markets because it can stimulate global trade and, consequently, the world economy.

Balance of forces: The Republican party can still maintain a majority in Senate. This eventual balance of forces is considered a positive factor for the markets because themes that are more sensitive to entrepreneurs can be stopped.

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