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President-elect Biden and the Democrats may be secured a majority in congress, but the razor-thin margins limit what they can do.
Investors expect further stimulus aiding growth, and steepening the treasury curve.
Value assets and the financial sector offer good opportunities, according to Morgan Stanley and Rathbones.
Risks remain for markets, including inflation and regulation.
Last week, President-elect Joe Biden and the Democrat party sealed a majority Government, flipping two Georgia Senate seats blue.
Markets largely reacted positively, despite a small decline in Big Tech stocks, with the Dow Jones hitting a record high, and a sell-off in Treasuries as investors forecasted a boosted economic growth.
last 40 years average americans haven t had a pay increase in real terms, we ve got to focus on how to make everybody s lives better. when it comes to the presidential race here s what you told politico. you said maybe all the rules are gone. maybe every single rule is gone. tell me what you mean by that. well, i just think, look, this president between his lies and misstatements dividing us by race, by gender, by geography. i mean everything we would expect is normalized is changing a lot. when you look at sort of we are now in the age of celebrity, that barack obama is a first-term senator. the last senator before that that we successfully nominated on the democratic side was john f. kennedy. so we ve often look for people with executive experience. i certainly hope that this presidential race isn t a
and he kept saying and they have said they called the country garbage. that is not true. that s the fact check i was telling you about. okay, but did you hear what he said? he admitted this is all about politics for the president. 2020 is looming. all about branding democrats as far-left, as socialists, as extremists, as a party that embraces hate. when it was hate and divisiveness that helped him to get to the white house. let s not forget that he never missed a chance to espouse the racist birther lie that barack obama was not born in this country. there s something on that birth certificate that he doesn t like. people have birth certificates. he doesn t have a birth certificate. now, he may have one but there s something on that birth certificate, maybe religion, maybe that says he s a muslim, i don t know. and if he wasn t born in this
these are lies and lies based in racial intolerance and it s wrong. max, i want you to weigh in here because this is the definition of a demagogue here. in your view, who does that sound like? there s no question i don t know how you can dispute that. donald trump is demagogue, a hate mongerer and really bring fascism to america. i compare him to people like george wallace and lester maddux. but remember george wallace and lester maddux, they did not become president. unless you go back to somebody like andrew johnson who i think has been cited as our most racist previous president. this is really unprecedented. and it s not just the racism but the vilification of opposition saying they hate america, they want to destroy america. these are things we ve not heard from previous presidents.
we pay more for prescription drugs. we can t even negotiate the prices because the corrupting influence of money in the system. getting rid of surprise medical billing and out of net work charges. that s the way i approach it. without trying to disrupt 180 million folks with employer sponsored care. we need to make it better and affordable. in 2016 you won reelection by 4%. at the same time president trump won montana by 20%. you have an appeal in a red state. will that roll over? i think it will. we need to be able to win back some of the places that we lost. the michigan and wisconsin. pennsylvania. in addition to being good everywhere else. you look at 44%-over americans wouldn t have $400 in their pocket. the last 40 years ore half of americans haven t had a pay