Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Bernie Sanders possibly running against President Trump is starting to scare investors: strategist
Yahoo Finance ^ | 21 February 2020 | Brian Sozzi

Posted on 02/23/2020 4:48:42 AM PST by MeneMeneTekelUpharsin

There is a growing undercurrent in markets that say a battle this fall between self-described socialist Senator Bernie Sanders and President Donald Trump could be bad news for stock prices. As evidenced by the market’s strong run-up in 2020, investors have yet to exit stocks on fears of a big government Bernie winning the Oval Office. But his continued strong showing in debates and national polls may lead to some profit-taking sooner rather than later. The concern - Sanders shocks the market-friendly Trump.

“There is definitely kind of fear [among clients] if you get a candidate like Sanders or say Elizabeth Warren,” said UBS global investment strategist Jason Draho on Yahoo Finance’s The First Trade. For now, the Sanders surge is keeping a lid on the market potential argues Draho. “It’s more of a headwind that keeps markets from rising higher,” Draho noted.

Sanders is viewed by most rainmakers on Wall Street as anti-big business, anti-stock market and anti-wealth creation. In other words, bad for risk-taking in numerous asset classes, save for perhaps gold and bitcoin.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Miscellaneous; News/Current Events; Politics/Elections
KEYWORDS: economy; sanders; trump; wallstreet
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-91 last
To: KittyKares

“Because he can’t beat Trump. He’s too radical.”

Radical for us maybe.

For anyone educated in the public school system after about 1980 he’s just right.

Don’t underestimate the appeal of ‘free everything’.

Even highly educated people with ‘stuff’ will be voting for him. (because he won’t be taking THEIR stuff, just rich people’s stuff)


81 posted on 02/23/2020 8:53:39 AM PST by Black Agnes
[ Post Reply | Private Reply | To 5 | View Replies]

To: jstolzen

I’ve been on FR a long time.

15+ years ago freepers (who are still around, some of them) would get into hostile arguments with homeschoolers. ‘Your kids will be weird little antisocial outcasts!, OUR schools don’t teach that secular humanism socialism crap. OUR kids teachers teach Sunday school and voted for Reagan. THAT sort of ‘education’ only happens in California’. Fast forward 10 or 15 years...and we discover their kids are all raging lefties and the parents hope they’ll ‘grow out of it’.

The long march through the institutions is here. Bernie is the flagbearer for 2 whole generations raised by lefty school teachers who were educated by commie pinkos in college.

BOHICA America.


82 posted on 02/23/2020 8:56:53 AM PST by Black Agnes
[ Post Reply | Private Reply | To 50 | View Replies]

To: MeneMeneTekelUpharsin
maybe these big-time investors should put their money where their mouth is and donate to President Trump’s campaign if they fear Bernie Sanders so much.
83 posted on 02/23/2020 9:10:54 AM PST by wildcard_redneck (If the Trump Administration doesn't prosecute the coup plotters he loses the election in 2020)
[ Post Reply | Private Reply | To 1 | View Replies]

To: cgbg

I like the way you think.


84 posted on 02/23/2020 10:04:50 AM PST by VTenigma (The Democrat party is the party of the mathematically challenged)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Gen.Blather

Imho _all_ of the Democratic candidates are crazy and dangerous.

_All_ of them, no exceptions.

They hate us, they want to take our stuff, they want to regulate us to death, they want to open the borders and create economic incentives for illegal aliens to invade.

They all are quite capable of turning this country into a third world dystopia.

_All_ of them, no exceptions.


85 posted on 02/23/2020 10:16:01 AM PST by cgbg (The Democratic Party is morphing into the Donner Party)
[ Post Reply | Private Reply | To 48 | View Replies]

To: Romans Nine
Trump landslide in 2020.

Landslide is not a good enough world.

86 posted on 02/23/2020 10:20:38 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
[ Post Reply | Private Reply | To 70 | View Replies]

To: MeneMeneTekelUpharsin

Then they should take all their money out of stocks and bet it on Trump to win in Nov.


87 posted on 02/23/2020 11:33:48 AM PST by philetus (Keep doing what you always do and you'll eventually get what you deserve)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MeneMeneTekelUpharsin

This article is total BS.

Wall Street won’t care which loser the Democrats pick as the party’s designated loser.

With this economy, President Trump will easily beat whichever Democrat they nominate, and that’s already “baked into the cake”.

If anything, the nomination of Bernie Sanders will boost stock prices, because his radically socialist campaign rhetoric will all but assure President Trump’s re-election.


88 posted on 02/23/2020 4:35:49 PM PST by enumerated
[ Post Reply | Private Reply | To 1 | View Replies]

To: cgbg

If that happens, the Bernie Bros have already promised to Bern the Milwaukee Convention down.

They should have done it ‘16 but Bernie sold them out for that beach house he got.


89 posted on 02/23/2020 10:08:20 PM PST by Trump.Deplorable
[ Post Reply | Private Reply | To 6 | View Replies]

To: Fido969

remember he settled for a 600K beach home the last time around, the Bernie Bras seemed to have forgotten about that.

Gloomy probably could offer him a 1.5 million home on the Jersey Shore and the old commie probably would accept it


90 posted on 02/23/2020 10:10:41 PM PST by Trump.Deplorable
[ Post Reply | Private Reply | To 17 | View Replies]

To: lilypad
The market hit record highs.

Check out this article from 1972

Stock Prices Rocket In Biggest 1972 Gain

The market would continue it's upward climb until January "73", then the whole market had a crash for about 18 Month or so. Before the crash though, the market was on a very impressive 4 year upward swing.

The crash in "73" and "74" sealed Nixon's fate. Even though he was innocent, the left despised him as much as the left does Trump. It's just that now the MSM has become the leaders of the left. So they have a much louder in your face presence than ever.
91 posted on 03/02/2020 1:30:13 PM PST by OneVike (Just another Christian waiting to go home)
[ Post Reply | Private Reply | To 74 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-91 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson