because the deadlock between Republicans and Democrats on another stimulus agreement would likely continue.
"The market loves deadlock," Mantione told Business Insider on Wednesday. "Everybody doesn't necessarily like massive change, certainly market participants don't, because it becomes harder to forecast what that change will do to the economy and to companies." Mantione said that while the market may suffer in the short term from a weak stimulus package, the outcome is most favorable for investors in the long term because a President Biden would not be able to pass higher corporate taxes with a Republican Senate.
The market seems to agree. The technology-heavy Nasdaq was up 4% in the early afternoon on Wednesday., where firms are disrupting supply chains.
Yeah that is the only thing that matters. stock shit market
But what's best for America?
Trump president + house and Senate controls will be best for both Wall street and the world because a socialist president only bring destruction and stagnation
Creepy Joe, seriously... I hope not.
What about what is the best long term outcome for the people of America in general ?
thank you very much for your work
I have been saying this the whole day. This is the best outcome for wall street.
You all must be out of your mind