Ungated Post | 30 Oct 2020
Chart of the week: The impact of Biden win on the economy
Innes McFee
Managing Director of Macro and Investor Services
Despite slowing US economic momentum, a worsening health situation, and recent election uncertainty, the policy outlook carries upside risks for the economy. As the democrats have been called winners of the election, we find Bidenomics could lift real GDP growth by 1.2ppts to 4.9% in 2021, vs. 3.7% in a status quo policy baseline.
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