A house divided: US election fallout weighs heavily on long-term outlook

Failure of 'Blue Wave' a blow to stimulus package

Mike Sheen
clock • 3 min read

The prospect of a split US government buoyed equity markets heading into the end of US election week with investors encouraged by the softening risk of higher taxation under a Joe Biden Presidency, but concerns of an obstructed political process weigh on prospects for growth over the next four years.

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