The US Presidential election – how US investors reacted
The transition to the incoming Biden administration has only just begun. But U.S. advisers are already looking into the future at the 12-month outlook.
January 1, 2021 3 MINS
While the transition to the incoming Biden administration has only just begun, U.S. investors are already looking ahead to the impact on the markets.
Shortly after the election, we commissioned a survey of over 150 U.S.-based financial advisers on their outlook for the next 12 months. The results were revealing.
Benign Conditions
Most U.S. advisors were anticipating benign market conditions, alongside rising interest rates and widening spreads in fixed-income and credit markets. They also thought that U.S. equities would continue to outperform non-U.S., developed market equities. And most thought that information technology, health care and financials would beat other U.S. sectors.