Traders Look for Post-Election Reset

After a week in which markets barely had time to draw breath as Joe Biden inched toward victory in the U.S. presidential election, traders are preparing to dive right back in. With the Democratic challenger’s win over President Donald Trump declared on the weekend, Monday provides the first opportunity to react to the prospect of a change of guard at the White House. The broad verdict is that a Biden administration will be a positive, as more predictable policies lift global trade, even if the possibility of a divided Congress puts limits on the amount of economic stimulus that will be implemented. Biden “might … (full story)

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