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Global Markets on Alert for Potential Biden Exit

Bloomberg Daybreak: Asia Edition

00:00

Impact of Change in Presidency on Global Markets

Discussion on how the market has historically performed regardless of political party in power, focusing on the potential impact of political changes on sectors like private prisons. The chapter explores implications of tariffs, tax cuts, inflation, rising bond yields, and concerns about the fiscal deficit. Additionally, it delves into the debate over President Biden's candidacy and the potential shift to Kamala Harris by the Democratic Party.

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