Global investment markets have been in flux as COVID-19 lockdown measures become stricter, but the US presidential election result has offered some reprieve, says Bernard Drostchie.
While the world (mostly outside of Asia) must contend with the implications from lockdown measures, market jitters emanating from the US Presidential Election have slowed. It would appear that Mr Joe Biden has inherited a divided Congress, with a Republican Senate and Democratic House of Representatives, which could result in further haggling and bickering between the political parties over what policies are required and approved to support and stimulate the US economy.
