Why one investor says Biden’s presidential bid poses a ‘meaningful threat’ to the stock market

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Ex-Vice President Joe Biden announced on Thursday that he is seeking the Democratic presidential nomination in 2020, and while, many hoping for a contender to hoping to unseat President Donald Trump may cheer, at least one Wall Street investor believes the development spells bad news for the stock market.

 

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Marketwatch suggest that within the global economy that is dramatically slowing particularly Europe that Trump if elected again can escape the economic blowback. If your a globalist it can’t and an isolationist one stagnates!

A whopping 84 percent of all stocks owned by Americans belong to the wealthiest 10 percent and of course benefactors of the FY2018 tax bill. The thesis of the opinion of marketwatch is trickle down economics which simply skews the distribution of wealth!

What bullshit

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