This report takes a first look at what the new Biden administration could mean for policy, the U.S. economy and asset classes.

 

It considers:

  • Policy priorities – fiscal, strategic, tax and trade
  • Fixed income market expectations, and implications for IG and HY spreads
  • Equity risk premiums and the importance of earnings

 

As the report concludes, the overall environment should continue to bode well for risky assets, but investors would prudent to keep expected future returns in perspective.

 

 

To download a PDF of the full report, please click here.


In Europe, Middle East and Africa as well as in Asia Pacific this material is considered marketing material, but this is not thecase in the U.S. No assurance can be given that any forecast or target can be achieved. Forecasts are based on assumptions, estimates, opinions and hypothetical models which may prove to be incorrect. Past performance is not indicative of future returns. Investments come with risk. The value of an investment can fall as well as riseand you might not get back the amount originally invested at any point in time. Your capital may be at risk.

The content and materials on this website may be considered Marketing Material. The market price of an investment can fall as well as rise and you might not get back the amount originally invested.  The products, services, information and/or materials contained within these web pages may not be available for residents of certain jurisdictions. Please consider the sales restrictions relating to the products or services in question for further information. Deutsche Bank does not give tax or legal advice; prospective investors should seek advice from their own tax advisers and/or lawyers before entering into any investment.