It’s been a whirlwind year for the stock market. Many sectors are still struggling to cope. The adverse effects of the pandemic and the economic implications of lockdowns, impacted supply chains, and changes in consumer behaviors continue to leave a mark on company balance sheets. The fact that it’s also an election year has been a cause of mixed concern for investors, analysts, and CEOs alike.
As Democratic Party nominee Joe Biden continues to lead incumbent Republican President Donald Trump in the polls, more questions are coming to the forefront regarding what changes may happen in the stock market if the former vice president is elected. There are seven weeks still to go until Nov. 3, and if past elections have taught us anything, it’s that the final outcome is anyone’s guess.
These are 10 important possible implications for the stock market if Biden wins the presidency.
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