Yeah, I always notice that effect when “cases” spike. Buncha’ nervous nellies in the stock market. (And a lot of them are of course computer programs, which have no actual intelligence or discernment of the lies about the virus or about the coming election.)
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The “Bulls” are actually very much like a herd of cattle that could be spooked and stampede right over a cliff. JMO.
As my adviser told me, Wall Street likes a divided government. If the GOP takes both houses and keeps the Presidency there will be an initial drop but it will come back in very short time.
-SB