5 No-Brainer Stocks to Buy in a Biden Bull Market
Despite a very recent pullback in equities, the table is set for stocks to thrive under the new administration.
Federal Reserve Chairman Jerome Powell has pledged to keep interest rates at or near historic lows through 2023, all while pumping in liquidity via monthly Treasury bond purchases. At the same time, Capitol Hill is working on another round of fiscal stimulus that could total as much as $1.9 trillion. This comes atop the more than $3 trillion in fiscal stimulus passed last year in the wake of the coronavirus disease 2019 (COVID-19) pandemic.
Long story short, there's ample access to cheap liquidity and a clear three-year outlook from the Fed. That's a recipe for the stock market to thrive with Joe Biden in the White House.
Source Fool.com
