Investment Event - Biden victory
Key takeaways:
- Joe Biden has been declared president-elect after securing crucial swing states in the Midwest
- With Biden at the helm, a split Congress scenario constrains fiscal stimulus, but also implies a less burdensome regulatory environment
- A President Biden combined with a gridlocked Congress can provide a constructive backdrop for US risk assets
- Overall, we remain overweight global and US equities amid highly supportive global monetary policy, ongoing fiscal measures, and favourable prospects for global growth in 2021
Getting started | ||
---|---|---|
Learn more about HSBC funds |
Find out how to invest |
|
Individual investors | ||
Financial intermediaries | ||
Institutional investors |
— |