Trump’s first 100 days placed second with US$69 billion in proceeds.Įquity markets across major U.S. high-yield debt saw record levels with US$130 billion of proceeds raised in the first 100 days of Biden’s Inauguration. investment-grade debt during Biden’s first 100 days totaled US$330.5 billion, a record high for the first 100 days of a U.S. Second to this was during Trump’s first 100 days with US$14.4 billion in proceeds, followed by Bill Clinton’s first 100 days with US$12 billion, which was also the start of the dot-com boom. U.S.-listed IPOs in 2021 (excluding SPACs) recorded the best start to the first 100 days of a newly elected president with US$47.8 billion in related proceeds. The second-highest total for this period was for Donald Trump’s first 100 days with US$64.8 billion in related proceeds. equity and equity-related proceeds during Biden’s first 100 days was the highest 100-day period on record with US$136.8 billion in equity issuance. Low interest rates fuel record equity and debt issuanceĬapital markets witnessed record levels of equity and debt issuance pouring into world markets as companies rushed to raise capital and take advantage of record-low interest rates. M&A has come from technology-related deals with a combined deal value of US$250.9 billion followed by Industrials, accounting for 19% of total U.S. President with US$191 billion in M&A transactions. Inbound M&A reached its highest level for the first 100 days of a U.S. Comparing the first 100 days since the inauguration of the last six presidents, 2021 witnessed the highest level of M&A compared to any other period, with US$816.5 billion in deal value. While some may have thought M&A would have been jeopardized significantly with a change in the administration, M&A experienced record levels globally, largely driven by the U.S. activity across M&A and capital markets alongside a historical look at the first 100 days of the six previous presidential administrations. To help better contextualize and analyse the Biden administration’s first 100 days, we charted U.S. Markets have rallied with corporate, consumer and investor confidence rising largely due to the vaccine rollout, and equity markets across major U.S.
With Biden’s inauguration back in January, the 100-day mark has passed with the president promising to focus on a series of issues facing the country, from immigration and the economy to vaccinations, infrastructure and climate change. election during unprecedented times and resulting in the selection of new U.S. Biden was second to Obama on oil performance and ranks on the lower end of Nasdaq 100 performance during the first 100 days.Ģ020 was a year like no other with the start of the pandemic influencing deal-making and capital markets throughout.equities reached record highs, with Biden recording a stronger performance on the S&P 500 than any other president in recent history, edging past Obama’s return of 8.4%. On the strength of the vaccine rollout, U.S.President’s first 100 days since records began in 1980. M&A deal-making continued to dominate following on from a resurgent second half of 2020 with target M&A totaling US$816 billion, the highest total for a U.S. We dive into the data for his first 100 days, alongside a historical look at previous presidential administrations. President Joe Biden’s first 100 days in office saw records in both M&A and capital markets, with the S&P 500 recording a stronger performance than any other president in recent history.