Bidenomics

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Wall Street And ‘bidenomics’

Juan Carlos Ureta (Renta 4) | Stock markets have continued their phase of rest and profit taking despite the triumphalism and new stimulus plans from Biden in his speech to Congress in the first 100 days. Also despite the spectacular results published by the five big technology companies, which have beaten forecasts. Tesla announced a 27-fold increase in profits over the same period in 2020, despite which the share price…