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Biden Is Cherry on Top for Asian Markets in Global Sweetspot

  • Asia ETFs get more than 12 times the flows to the Americas
  • ‘Narrative of desire for reconciliation’ spurs risk-on wagers
Stocks Surge To All-Time High On Vaccine Progress
Photographer: Michael Nagle/Bloomberg
Updated on

Asia’s swifter exit from coronavirus lockdowns has helped it to suck investment funds away from other emerging markets.

Now Joe Biden’s U.S. election victory may accelerate the trend.