How Will the “Blue Wave” Affect the Markets?

Source: Dreamstime

Reading time: 5 minutes

As with most other significant political events, the elections for president and those for members of the Congress in the USA also have an impact on the financial markets, and it is quite significant.

After the final confirmation of Joe Biden as the next U.S. president and the winning of a senate seat at the runoffs in Georgia, the Democratic party now practically controls both the White House and the Congress.

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BlackRock’s Shares Trade at Record Highs, Q4 and Full Year 2020 Profits Beat Expectations

Picture of the NYSE building in New York

Source: Dreamstime

Reading time: 2 minutes

On 14th January 2021 (Thursday), the multinational investment management corporation posted better-than-expected financial performance as an increasing number of investors flocked to BlackRock’s exchange-traded and active funds to escape the volatility caused by the U.S. presidential elections and the release of several COVID-19 vaccines.

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