People walk near the Wall Street Charging Bull statue on July 23, 2020, in New York City. Stocks have rallied during President Biden’s first 100 days even as he has promised to raise taxes on corporations and wealthy investors and to go tougher on Wall Street.

NEW YORK, NEW YORK – JULY 23: People walk along Broadway as they pass the Wall Street Charging Bull statue on July 23, 2020 in New York City. On Wednesday July 22, the market had its best day in 6 weeks. (Photo by Michael M. Santiago/Getty Images)