TheHardTruth
Senior Member
- Aug 29, 2020
- 249
- 342
- 58
A day after the 1st Presidential debate, the Market indices all appear to agree that President Donald J Trump won the debate. While political pundants all have a political bias, the financial markets have only one loyalty, and that is growth and profit. It is widely accepted that should Joe Biden and the Democrats win in November, markets will suffer a major decline as there will be uncertainty about the economy, and markets do not like uncertainty. On the contrary, should Donald J Trump and the Republicans win, it will be steady as she goes, there will be certainty in the economy and the markets will continue their meteoric, historical rise. With ALL 4 major indices having risen today substantially, those outside of politic and not blinded by bias seem to have declared Donald J Trump the winner hands down.
Thoughts?