Ride the Biden Bounce, but judiciously, deVere chief warns investors

clock • 2 min read

Investors should ride the "Biden bounce" in the markets this week - but judiciously, Nigel Green, the CEO deVere Group, cautioned today. Green's warning comes as Joe Biden becomes the 46th president of the United States this week with the best stock market performance between the election and the inauguration for any president going back at least five decades. Green said: "History teaches us that we can expect the markets to react favourably to the inauguration of a new U.S. president - and this time around it is likely to be no different." "Indeed, Biden moving into the White Hous...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.