‘The risks are now off the table’: Wall Street looks forward to Biden presidency

Without control of both the House and Senate, Biden’s high spending proposals are less likely to get through legislature Wall Street is supposed to hate uncertainty but as the fight over the presidential contest continues, investors couldn’t be happier.If, as appears likely, Joe Biden wins, he will become the first president since George HW Bush to enter office without control of both the House and Senate – an outcome that indicates at least two years of legislative gridlock.It’s a scenario...