How will the first 100 days will set the tone for the Biden Presidency?
President Joe Biden promises to rejoin the World Health Organization and the Paris Climate Accord, which Donald Trump was against and withdrew from. Furthermore, President Biden plans to sign an executive order to formulate a plan to achieve a 100% clean energy economy and net-zero emissions by 2050.
Progressive Politics, Climate Change actions and its effect on the markets
Assuming progressive politics induces global competition to American exports, we should see pure American companies, specifically manufacturing companies to suffer under this rhetoric. Furthermore, Climate Change actions may see investment flow out and legislation against non-renewable companies, making it harder for them in the future.
The first 100 days will set the tone for the Biden Presidency. What are you looking for in these 100 days?