Market Views: How would a Biden win affect equities?

The global political and investment climate has undergone a huge shift since Donald Trump became US president four years ago.  In 2018, Trump began to impose tariffs and other trade barriers on China alleging "unfair trade practices". These were the opening shots in the US-China trade war, which continues to rattle markets. Most recently, the Trump administration has also instructed US federal pension funds to halt their investment in Chinese stocks. The Covid-19 pandemic has al…