From the widespread Coronavirus pandemic to the worldwide economic halt, 2020 also happens to be the presidential election year in the United States.
Contrary to previous presidential elections, the incumbent and former Vice President Joe Biden couldn’t be more polar opposite on issues related to economy, disease control and reviving job growth in the U.S. If elected president, Biden has vowed to reverse things like the tax reform implemented by President Trump, which can bring a significant change to how investors will look to shift their investment holdings to seek tax shelter and capital security.
In this article, we’ll take a closer look at the impacts of the potential political shift and how it can transform the capital markets in the U.S.
by Jayden Sangha
Oct 05, 2020