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Why one investor says Biden’s presidential bid poses a ‘meaningful threat’ to the stock market

Mark DeCambre
Why one investor says Biden’s presidential bid poses a ‘meaningful threat’ to the stock market

Ex-Vice President Joe Biden announced on Thursday that he is seeking the Democratic presidential nomination in 2020, and while, many hoping for a contender to hoping to unseat President Donald Trump may cheer, at least one Wall Street investor believes the development spells bad news for the stock market.