Charting Investment in a Biden Presidency

With the votes all but counted, Joe Biden has been named the next president-elect of the United States, but it will be some time before we know the final shape of Congress. BMO Capital Markets hosted a client call on Nov. 9 to discuss the likely outlook for investment under the new government and in the face of a worsening pandemic. What will a new stimulus package look like and what will it mean for the economy and the bond and equity markets? Speaking to the economy was our Deputy Chief Economist and Head of U.S. Economics Michael Gregory, while Margaret Kerins, Managing Director and Head of FICC Macro Strategy, discussed the outlook for rates and the bond market. BMOCM Chief Investment Strategist Brian Belski hosted the call and discussed the outlook for stock markets in the U.S. and Canada.

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