For example, pharmaceutical companies appear to be lagging because of the possibility of a Biden victory, while various alternative-energy companies are on a roll, wrote Jack Ablin, chief investment officer at Cresset Asset Management, in a commentary.
Many health-care stocks have struggled in recent months as a Biden victory has become more likely. "Large pharma has trailed the market since May, about the time when Biden gained a statistical advantage" in the polls, Ablin wrote. "The presidential hopeful would seek to tax carbon emissions, end new oil and gas leases on federal land, and terminate offshore drilling," Ablin wrote."Among all the industries, it seems that foreign and domestic fossil-fuel companies would be the most disadvantaged by a Biden presidency.
Conversely, Biden could create some new tax credits for renters and first-time home buyers and, possibly, a more generous credit for children and certain dependents.
That’s ridiculous. From the second Great Depression in 2006 caused by repubs til thump the economy was slowly rolling along as it should. Inflation kept down and economic increases.
Their is no president for this President. It is not a regular choice that faces US. Either you are going down the toilet or you are not. Choose wisely for the world's sake.
Remember how the market skyrocketed in the days after Trump was elected? The opposite will happen when Biden wins. Remember Obama/Biden policies got Trump elected. We will be returning to the same policies and then some with a Biden win.
Are you kidding? Your boy and girl would kill everything
Market will plummet in November if Biden picked. All know this
It will crash and a lot of people will loose their 401k.
That's a simplistic view. If the Democratic Socialists take the White House and Senate, they will quickly move to raise taxes on all, create onerous new business regulations and costs, which will deprive our economy of business capital and investment, and squash innovation.
Well, It sure the f*ck ain't due to anything Biden has done to help.
Just answer one question in person, without a teleprompter, a handler, or Lady MacBeth at your side. Just one, SleepyJoe
Relief, that human consumers will actually survive?
The White House is expected gains on a good one
See the evidence for yourself!
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