Why Stocks Can Rally With Biden

Source Committee for a Responsible Budget

Less than 18 days from the election, the markets appear to be on pins and needles over two outcomes. First, another round of stimulus from Congress. Second, a “Blue Wave” with a Biden victory, a Democratic Senate takeover and the elimination of the 60 vote filibuster rule. Both outcomes appear to make investors and traders a bit nervous at the moment. They shouldn’t be.