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Inauguration Day: 2021, BIden's Effect of the Market, Good News

Martin Eiden | August 12, 2021

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New and Noteworthy

Inauguration Day: 2021

On Wednesday, Joseph R. Biden was sworn in as the 46th President of the United States. History was made when Kamala Harris became the first black, first South Asian, and first female U.S. Vice President. These two inherited a slew of socioeconomic issues that will ultimately be biggest test of their service to this country, but we have faith they are up for the challenge. Here are all the ways they plan to unify America & address our nation's issues.

Biden's Effect on the Market

Already, we are seeing the effects of this new administration on the market. The "Biden Bounce" refers to the 14% increase in the S&P 500 from November 3rd to Wednesday's inauguration. This is more than double what the same index experienced 4 years ago (6%). Here are some early market predictions under this new administration.

Good News

Just when you thought there couldn't be any more good news this week...

• Joe Biden’s Shelter Dog Major Will Be Getting His Own “Indoguration” For Charity

• Amanda Gorman Overcame A Speech Impediment To Become Youngest Inaugural Poet

• Anonymous Mystery Donor Drops $40 Million To Launch NAACP Scholarship Program

Team News

Ask An Expert Ep. 35

Paint the Town Red: Interior Customization and Business Leadership with Marc Ringel

AAE IS BACK! To kick off the first episode of the new year, we had the owner of Paintworks NY, and longtime friend Marc Ringel on to share his business story and illuminate the trends he is seeing in the market with regard to paint, tile, and flooring. He also shared some DIY tips for the handyman in all of us!

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Our Rentals

You know we have rentals too right? Here are some of our favorites available for immediate occupancy.

101 Warren Street, Unit 840 TriBeCa 1 Bed \| 1.5 Bath	360 Furman Street, Unit 403 Brooklyn Heights 1 Bed \| 1 Bath
311 West 82nd Street, Unit 3A Upper West Side 1 Bed \| 1 Bath	949 Columbus Avenue, Unit 5 Upper West Side 3 Bed \| 1 Bath

See All Properties

Martin Eiden Team

Top 1/2 of 1% of 1.4 million agents

917.701.8898

[email protected]

martineidenteam.com

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Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS.

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Inauguration Day: 2021, BIden's Effect of the Market, Good News

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FARE Act, Late-Week Retreat, Where’s The Inflation From Tariffs? Just Wait, Economists Say.

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