The win by Joe Biden and Kamala Harris is getting a warm reception by investors, after media outlets announced the Democrats’ win in the U.S. presidential race on Saturday.What Happened: Markets have experienced their best week since April following Election Day. Although the tax plan proposed by Biden has not been embraced, investors and prominent Wall Street figures have been expressing support and called for the country’s unity after today’s announcement.Jim Awad, senior managing director at Clearstead Advisors, expressed assurance over a Biden presidency, saying “markets are going to like it because Biden is not going to go too far …read more
Source:: Yahoo Finance