5 Safe Stocks to Buy for a Biden Bull Market
Despite the recent volatility in the stock market, the next four years could be extremely promising for investors.
Even though President Joe Biden inherited an economy damaged by the coronavirus pandemic, the policies being put in place by the Biden administration, as well as those continued by the Federal Reserve, should allow the U.S. economy and stock market to fire on all cylinders.
Last month, the Biden administration signed a $1.9 trillion fiscal stimulus into law, pushing the total relief passed by Congress since the pandemic began to north of $5 trillion. Meanwhile, the nation's central bank will continue its monthly bond-buying efforts to keep lending rates at or near historic lows. With ample access to cheap capital, businesses and stocks are poised to thrive.
Source Fool.com