Investors Expect Stock Market Gains To Slow Under Biden, New Survey Finds.

Sharing is Caring!

 

Investors and business leaders are largely pessimistic about the stock market’s prospects under a Joe Biden administration, according to a new survey.

More than 100 chief investment officers and portfolio managers were surveyed by CNBC, and two-thirds of them said they expected stock market gains to be lower under a term of President-elect Joe Biden than President Donald Trump. Many of them fear Biden will undo President Trump’s 2017 tax cuts, which helped spur record profits and increased stock buybacks, according to CNBC.

dailycaller.com/2020/12/28/joe-biden-donald-trump-stock-market-tax-cuts/

 

599 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.