What a dramatic day in the US could mean for ASX shares in 2021

At 4 am this morning (our time), Joe Biden took the oath of office to become the United States of America’s 46th President. President Biden’s term runs until 20 January 2025.

Regardless of personal feelings or political views, this change is a monumental one. A new administration means new domestic policies for the US economy. This includes new paradigms in foreign relations for the United States.

For this reason, there will be some new angles for ASX investors to consider today as a new post-Trump era begins.

President Biden has apparently already hit the ground running. According to reporting in The Guardian today, Biden has already signed a raft of ‘game-changing’ executive orders on his first day as president. These…