Tag Archives: United States election

Mark Mobius Says Biden Is Bad For US Stocks, Good For Others

A Joe Biden presidency will be negative for stocks in the US and positive for other markets given his plans to raise taxes on companies and wealthy Americans, according to veteran investor Mark Mobius. Biden’s tax increases will reduce the incentive for people to invest in the US market, said …

Read More »

House Speaker Nancy Pelosi calls Joe Biden ‘president-elect’

House Speaker Nancy Pelosi, the top Democrat in Congress, on Friday called Joe Biden the “president-elect” of the United States after he leapt ahead on key election results. “This morning it is clear that the Biden-Harris ticket will win the White House,” Pelosi told reporters after Biden surpassed President Donald …

Read More »