UBS Report: Biden Victory Could Impact Equity Markets and Geopolitical Relations
By
Isabella Bianchi
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
If President Joe Biden wins another term in the White House and both houses of Congress go to the Democrats, that could negatively impact U.S. stockholders, highlighting potential higher corporate tax rates and consumer spending concerns. A Democratic sweep could also lead to more corporate regulation. However, the UBS report presents nuanced outcomes, discussing the implications of different election scenarios on financial markets and international concerns, including U.S. commitment to NATO allies.