Biden President, split Congress. The markets are satisfied with the outcome of the US election, because of the new president’s profile and because they see in the two souls of Congress a path to obtain a more effective post-Covid fiscal package. The Covid pandemic will remain the main theme between now and the end of 2020. Analysis and positioning, by Andrea Conti, Head of Eurizon’s Macro Research Team.
Audio recorded on 09.11.2020