CNBC Survey Finds Two-Thirds of Investors Believe Markets Will Take a Hit Under Biden Admin

President Donald Trump has accomplished economic records despite a presidency plagued with, well, a pandemic. Along with the millions who legally voted for President Trump to be re-elected, apparently, investors also see a downside to a Biden administration. A newly released CNBC survey asked “100 chief investment officers, portfolio managers and CNBC contributors who manage money about where they stood in the upcoming year for stocks under a new administration.” “Fully two-thirds” of respondents said the first four years of a Biden presidency will be “worse for stocks” than President Trump’s term. CNBC’s analysis reported, “since the president was inaugurated


