Wall Street is learning to love Joe Biden
It has been a bit of a surprise that the stock market has risen steadily alongside his victory prospects
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WALL Street is learning to love Joe Biden, higher taxes and all. After the last potential turning point in the presidential race - the second and final debate last Thursday - the former vice-president is still the odds-on favourite to unseat President Donald Trump after the election on Nov 3.
The president himself has warned that Mr Biden's vows to increase taxes and tighten regulations would be catastrophic for the economy.
It is certainly hard to imagine a president with more "pro-market" policies than Mr Trump, who watches the levels on the Dow Jones Industrial Average more intently than most Wall Street strategists.
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