Biden’s Victory Will Attract $700b To Nigeria, Other Emerging Markets, Says Expert

Joe Biden

Renaissance Capital (RenCap) analysts have predicted that a win for U.S. Democratic Party presidential candidate, Joe Biden will attract $700 billion investments to Nigeria and other emerging markets.

According to RenCap Chief Economist, Charles Robertson, a Biden victory will, in the long run, shift trillions of dollars to Nigeria and other emerging markets.

Joe Biden

Robertson at the global investment and research firm said he expected Biden to clinch victory with Nevada due to give him six Electoral College votes.

In a report to investors titled: “Biden’s victory, trillions into E.M. and lockdown” released on Thursday, the Expert explained that if that happens, many people would wonder why this election race was tight.

On the outlook for Nigeria and other emerging markets, he argued that U.S. President, Donald Trump’s possible defeat is good for emerging markets. He said global investors would start re-allocating cash to emerging markets in a big way.

These funny food quotes will make you laugh like crazy

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