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What May Happen If Biden Wins?

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This week in the LPL Market Signals podcast, LPL Financial’s Chief Market Strategist Ryan Detrick and Equity Strategist Jeff Buchbinder discuss the impacts of a potential Joe Biden victory. “Of course tensions are high as we head closer to the election, but don’t forget that stocks tend to do just fine, regardless of who is in the White House, as long as the economy is firm,” according to Ryan. “With many parts of the economic data showing continued improvement, there’s a good shot the economy will be on the upswing as we head into 2021.”

They also discuss:

  • Why new highs tend to lead to more new highs

  • Will a Biden win bring with it much higher taxes and regulation?

  • The latest with Ryan’s Volvo drama

  • What worries are creeping up

You can watch the full discussion below, direct from our YouTube channel.

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This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.

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All index and market data from FactSet and MarketWatch.

This Research material was prepared by LPL Financial, LLC.

Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC).

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James Haug