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Trump has been good for stocks, but investors should still root for a Biden win
Neoliberal thinking behind tax cuts, deregulation is unsustainable as growing inequality stokes social unrest
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Published Sun, Oct 18, 2020 · 09:50 PM
DONALD Trump's presidency is widely preceived as a disaster for the US and the world. He has sowed confusion, hatred and mistrust, and has failed to demonstrate any real leadership.
Yet, from the narrow perspective of stock investors, he hasn't done too badly.
The S&P500 is up 53.9 per cent since Mr Trump's inauguration in January 2017, which just pips the 52.3 per cent rise charted by the benchmark index during Barack Obama's second term.
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