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L.Pharmstrong

(152 posts)

6. My sense is

Reply to Steelrolled (Original post)

Wed Nov 4, 2020, 02:50 PM

Nov 2020

That the Stockmarket is responding to the likelihood that there will be a split government with Biden as President and a Republican Senate. This means that there will be limited opportunities for Biden to pursue a legislative agenda and his authority will be restrained.

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US stocks rise sharply as election results keep trickling in [View all] Steelrolled Nov 2020 OP

Trump's masters know the fix is in Miguelito Loveless Nov 2020 #1

it's not uncertainty. It's that they know with Repubs in charge of the senate, there will be no new Calista241 Nov 2020 #2

Yep not fooled Nov 2020 #5

Color me stupid but I think it's because Biden is going to win and our economy Maraya1969 Nov 2020 #3

My advisor says this morning there was uncertainty but this afternoon GumboYaYa Nov 2020 #4

My sense is L.Pharmstrong Nov 2020 #6

Yeah, this might be the most significant point. Steelrolled Nov 2020 #7

Yup, Wall Street loves divided and deadlocked government /nt progree Nov 2020 #9

My theory - Wall Street loves a deadlocked govt: Dem pres, Repub Senate progree Nov 2020 #8