Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

progree

(10,901 posts)
8. My theory - Wall Street loves a deadlocked govt: Dem pres, Repub Senate
Wed Nov 4, 2020, 09:11 PM
Nov 2020

The Repub Senate will block anything "radical" that Dem pres might do. IOW, the best outcome for keeping things more or less status quo, even keel and all that.

If had a ding-a-ling delusional madman president plus Repub Senate, might actually do some awful things to the economy like asinine trade wars for example, and going a bit too far in destroying the safety net (aka consumers aka people),

sure Wall Street has no love for poor people or sick people, but OTOH at some point too much Trump/Repub wishes becoming policies harms consumption, so better to take that a bit carefully, maybe one step at a time, per Wall Street thinking

(my theory, I'm no greedbanger "insider", I'm from Minnesota, we went for Biden by a 7.2% margin, so we're exempt from ever being wrong about anything. yup, we get no respect etc. etc. Go Vikes! Go Gophers! )

Latest Discussions»Latest Breaking News»US stocks rise sharply as...»Reply #8