dow is up quite a bit, nas a little bit.
Who the hell knows what people think.
Maybe they’re hoping for an electoral count miracle.
Or maybe they know biden will throw HUGE stimuli into the economy like money is water
A lot of the public perception among investors is that the Republicans favor Wall Street, the Democrats favor Main Street.
Yeah, it’s all kabuki theater.
OTOH, historically, my balanced portfolio has done just fine under Democrat administrations and not quite as well during Republican ones, thanks GWB, and even President Trump’s tweets generated far too much volatility for me in the financial sense.
OTOH, several ignorant a-holes consider me ‘deep state’ since I don’t consider this The End Of The World As We Know It- oh my God were’ all going to die in Communist slave labor camps hair-on-fire hype, but just another Democrat administration; just as Trump was just another Republican one. Just another Democrat administration, nothing to be happy about, nothing to be suicidal or freaked out about.
“Or maybe they know biden will throw HUGE stimuli into the economy like money is water”
That is the reason. Markets like people having more money to spend
“Who the hell knows what people think.”
A lot of mileage in that.