Will Biden cause Market boom or bust?

Damien Klassen

Nucleus Wealth

In today's investment webinar, Nucleus Wealth's Head of Investments Damien Klassen, Chief Strategist David Llewellyn Smith and Head of Advice Tim Fuller ask the trillion dollar question: Will Biden trigger a market boom or market bust?

President Joe plans to begin immediately unwinding his predecessor’s policies on immigration, climate and other issues on Wednesday with at least 15 executive actions. With these changes comes the promise of $1.9 Trillion in new stimulus to help the economy steady itself as it grapples with overcoming the pandemic, with more in the pipeline.

 President Biden plans to begin immediately unwinding his predecessor’s policies on immigration, climate and other issues on Wednesday with at least 15 executive actions. With these changes comes the promise of $1.9 Trillion in new stimulus to help the economy steady itself as it grapples with overcoming the pandemic. 

 On the agenda: 

  • Stimulus & Policies 
  • Minimum wage 
  • Bidencare 
  • Tax hike

LISTEN IN PODCAST FORM HERE

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The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an authorised representative of Nucleus Wealth Management, a Corporate Authorised Representative of Nucleus Advice Pty Ltd - AFSL 515796.

Damien Klassen
Head of Investment
Nucleus Wealth

Damien runs asset allocation and global stock portfolios for Nucleus Super, Nucleus Ethical and Nucleus Wealth. His 25 year+ career includes Global Quant at Schroders, Strategy at Wilson HTM & co-founder of Aegis.

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