Bidenomics Vs. MAGAnomics: President Biden Takes A Stand On Economic Policies
Portfolio Pulse from Piero Cingari
President Joe Biden has defended his economic policies, arguing that his 'Bidenomics' program has done more for everyday Americans than the 'MAGAnomics' of his predecessors. Despite this, his approval ratings have not improved, with only 22% of Americans believing the economy is improving. The Health Care Select Sector SPDR Fund (NYSE:XLV) rose 0.3% on Thursday, but underperformed all the other S&P 500’s sectors.
September 14, 2023 | 10:07 pm
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The Health Care Select Sector SPDR Fund (NYSE:XLV) rose 0.3% on Thursday, but underperformed all the other S&P 500’s sectors.
The Health Care Select Sector SPDR Fund (NYSE:XLV) rose slightly, indicating a neutral short-term impact. However, it underperformed compared to other sectors in the S&P 500, which could potentially indicate a less favorable outlook in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50