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Why Biden Can Overcome Political Gridlock

According to conventional wisdom, US President-elect Biden will find himself immediately paralyzed because Republicans will follow the same...

But there are five new features of US political dynamics that this argument has overlooked.

  • Anatole Kaletsky
  • Project Syndicate

LONDON – The US election has passed without any big surprises, and the enthusiastic reaction in global financial markets has been exactly what any economics textbook…

Beyond investor psychology, there are several fundamental reasons that justify a Biden rally: the near-certainty of further fiscal stimulus in the short term; the…

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