BlackRock - U.S. Election: Biden Win
Following the U.S. election victory for Joe Biden, BlackRock Investment Institute offer their market insight.
Key Market Views
"We expect tech and healthcare companies, the quality factor and large caps to perform well under a Biden divided government."
01 A Democratic victory without Senate control would reinforce market trends such as the hunt for yield and growth stocks.
02 A Biden divided government could crimp fiscal stimulus, and cap rises in bond yields and inflation expectations.
03 Biden will likely bring a focus on sustainability, reregulation and a more predictable trade policy that supports EM assets.
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