What is next for America?

It has been over three weeks since the US election and the official transition from President Trump to President-elect Biden is underway. The outlook for the US economy under a Biden Administration will largely depend on the makeup of the US Congress, which is still being decided. If the Republicans regain control of the Senate this will limit the amount of policy change for Biden. At this stage we expect Biden to focus on COVID-19, tax policy, infrastructure spend and climate change. Overall we expect an improving US economy with more predictability will be positive for the US and positive for the world economy.

 

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