Tags: 2020 Elections | Joe Biden | stock market | stocks

What a Biden Presidency Would Do to the Stock Market

(Mark Makela/Getty Images)

By    |   Monday, 03 August 2020 10:43 AM

Joe Biden hasn’t kept his economic plan a secret. If he is elected president, he has proposed implementing higher corporate taxes and more regulation, moves that many financial experts warn could cause a stock market selloff and decline by as much as 20%.

Under President Donald Trump, Americans who are in the stock market have seen their investments and retirement plans grow. But if Biden takes office, some experts say the green period the market has been enjoying could flip quickly to red.

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Joe Biden hasn’t kept his economic plan a secret. If he is elected president, he has proposed implementing higher corporate taxes and more regulation, moves that many financial experts warn could cause a stock market selloff and decline by as much as 20%.
stock market, stocks
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2020-43-03
Monday, 03 August 2020 10:43 AM
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