Biden's 'blue ripple' to hit mining equities

A hamstrung US Democratic government could mean a scaled-back stimulus package and a stronger US dollar, two factors that do not bode well for mining equities in the near term, according to investment bank Jefferies.

Biden's 'blue ripple' to hit mining equities Biden's 'blue ripple' to hit mining equities Biden's 'blue ripple' to hit mining equities Biden's 'blue ripple' to hit mining equities Biden's 'blue ripple' to hit mining equities

US president-elect Joe Biden and vice president-elect Kamala Harris

The close US election race means the predicted "blue wave" following a Joe Biden victory may turn out to be more of a "blue ripple", says Jefferies, which is now expecting a "skinny" stimulus of