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A positive sign from an unlikely place for Biden


A strong start to the year for stocks has tended to foreshadow an incumbent victory, especially for Democrats. Many factors determine an incumbent's reelection bid, including perceived policy effectiveness and international events. A continued equity rally on disinflation, rate cuts, and economic growth would boost Biden's chances, ceteris paribus.

Ned Davis Research | Equities | U.S. Focus | Weekly

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