As we move, I dare say, uncomfortably close to the presidential election, it’s time for us to talk about a fun topic. Minus the risk of inflation, recession, and international shenanigans, what kind of stocks well thrive under a Biden Administration? What kind of stocks might do well if we have a second round of trump? In this video, we’re going to talk about just that.
First I’m going to share with you which industries will benefit in either scenarios and why. Then I will share with you my stock picks, some more obvious than others.
If this is the type of video you’ve been waiting for, please hit that like button for me and let’s get started!
What’s the main difference between Trump’s economic agenda vs Biden’s.
Both
Both presidents wants to stimulate the economy with a 1 trillion dollar infrastructure bill.- Goals are to improve internet transit, and
Biden
- Green Tech: Wants to spend 400 Billion on clean energy
- 100 Billion on modernizing schools
- Crack down on tax havens, tax hike on the 1%
- Expanding Obama care
- Ending subsidies on fossil fuel
Trump
- A lot more vague but presumably an extension of the administration’s current action items.
- Military prowess
- War on China
- Help industries that he personally cares about, which in my opinion falls into the “old money” categories: fossil fuel, airlines, farming, construction