That would be like me giving you a Breitbart article and saying the same thing. You may say you would read it, but I highly doubt it. Anyone can grab any type of statistical reference and twist it to meet their argument, on either side of the argument. The fact is if the markets actually thought Buden would win they'd be dropping like a rock. The core fundamental of a Democrat president, just like the shitshow Obama was, is higher taxes and increased regulations. Both are an enemy of the markets.
Obama came in at the tail end of the 2008 financial crisis after the markets had already scraped the bottom of the barrel. They had nowhere to go but up. And yet, even with that fact, 3 injections of Quantitative Easing, and 0 interest for his entire presidency, he only managed to push the Dow 3,000 points over it's all time high in 8 years.
This is what happens when you choke business with tons of regulations killing small businesses and startups, the primary providers of employment in America. This is what happens when you have a corporate tax rate of 35% combined with those regulations that make businesses take their production circuits overseas since they cannot compete in a global market.
Trump, in less than 4 years has nearly doubled markets from their initial all time highs. This was initially done with higher interest rates and no QE Pre-Coronavirus. He slashed regulations at a rate of 3 to 1 and pressured Congress on a tax bill that lowered the corporate tax rate from 35% to 21%. He created new trade deals with international partners in bilateral agreements rather than multilateral agreements. He used tariffs to pressure bad trade deals.
All of these aspects created a rush of new jobs stimulating both lower unemployment and increased consumer confidence and spending that drove markets to almost double in 4 years. Yet somehow liberals would have us believe a Chinese puppet with dementia like Biden would somehow be who the markets are putting their money on while sustaining current highs with the election just 2 months away? Sure thing buddy.
