In more ways than one, the 2020 American presidential election was a historic one: Joseph R. Biden, the 46th president of the U.S., will be the oldest president to take office and his VP will be the first female to hold the office of vice president in American history.
Aside from these historical measures, many investors are trying to decipher the president-elect Joe Biden’s fiscal policies and their impact on the fixed income markets. Furthermore, given the rapid increase in COVID-19 cases throughout the world, how is he going to prioritize his efforts for local governments to ease their financial strains and revive the impaired revenue sources?
In this article, we will take a closer look at President-elect Biden’s election promises and how they will likely materialize in the upcoming years.
municipalbonds.com
by Jayden Sangha
Nov 11, 2020