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Trump or Biden? Global equity markets to chart their own course: Analysts

Biden, according to a recent poll, is leading Trump nationally by six points - 50 per cent to 44 per cent - and by as much as 6 percentage points across five battleground states, reports suggest

As things stand, Democratic presidential candidate Joe Biden is leading President Donald Trump in five of the six battleground states
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As things stand, Democratic presidential candidate Joe Biden is leading President Donald Trump in five of the six battleground states

Puneet Wadhwa New Delhi
With Joe Biden picking India-born Kamala Harris as his running mate in the upcoming presidential elections in the US, most analysts say the outcome may not matter much in the long-term for most global equity markets, including India.

“I don’t think the consensus is that Trump will come back to power and that will be good for the market. In the US, there are very little policy levers that the government has for the stock markets apart from the interest rates. And that will continue irrespective of who will be the president," says Shankar Sharma, vice chairman & joint managing

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