Why a Biden-McConnell combo is good for markets — and 4 sectors to buy - Business Insider

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Raymond James’ investment chief details why Joe Biden and Mitch McConnell are the perfect pair to drive markets upwards — and lists 4 sectors he thinks are primed for gains no matter who’s in power

"Your 401k's will crash with Biden," he"If anyone but me takes over in 2020 , there will be a market Crash the likes of which has not been seen before!" heYet, when it became clear that former Vice President Joe Biden was on track to win the presidency — with a Republican-controlled Senate — markets skyrocketed.

But some in the financial community are expressing relief about the steadier tone of a Biden presidency relative to Trump, combined with a split Congress. Beyond the difference in tone between Biden and Trump, Adam said Biden's record of working with Senate Majority Leader Mitch McConnell will be a steadying force.

 

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good

Ya, McConnell blocking every single piece of legislation purely because it was Dem written should be great for the country

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