Stocks move big on Georgia Senate election results — sector recap

No one man should have all that power… Except Biden — who’s just been given even more power over federal laws and legislations.
The Georgia Senate election on Jan. 5 gave Biden control of both the House and Senate — making it easier to implement major policies. Most notably…
- New economic stimulus could benefit the overall economy by putting more money into the hands of consumers and small businesses.
- Increase corporate tax from 21% to 28% which will lower corporate profits and negatively impact stocks.