2020 closed out with the same sort of disruption we have seen all year. Our little Covid19 bug played havoc with many Xmas plans all around the country but we hope that the majority got the chance to share quality time with those most important to them. Two of our team made long awaited trips to see family in Victoria but had to quickly reorganise their trips back based on rapidly changing travel warnings. They did get there, so still happy they made the trip, and yes they have been tested on their return – not quite as excited about that…
I have had some not so subtle reminders that I haven’t penned any updates over the last little while. To be fair we had a bit going on. Queensland had to win an Origin series (how sweet was that?), Palaszczcuk had to win an election, the US had to elect someone older but probably slightly saner than Trump and China had to pick a fight with just about everyone!
Democrat Joe Biden is pressing ahead with preparations to take the reins as the next President of the United States. Despite legal challenges and recounts, the early signs are that markets are responding positively.
In fact, the US sharemarket hit record highs in the weeks following the November 3 election as Biden’s lead widened.
So what can we expect from a Biden Presidency?