Despite the Sanders surge, or perhaps because of it, the Dow has flirted with the 30,000 level for the first time ever. The Nasdaq, even after taking into account Thursday's sudden retreat, is sporting an impressive 8% gain this year. And momentum stocks like Virgin Galactic and Tesla have gone bonkers.There are a few schools of thought for why investors are not freaking out about the rise of Sanders. Or at least not yet.
"If it's Bernie Sanders, could Republicans run the table?" said Ed Mills, Washington policy analyst at Raymond James."That's where there could be another round of tax cuts."Stocks have zoomed under TrumpMany believe the most market-friendly outcome to the election would be four more years of Trump.Wall Street loves the pro-business planks of Trump's economic agenda: low taxes, deregulation and surging government spending.
Because they'll be fine either way. Saved you a read.
Don’t tell realDonaldTrump
We the people know. Sanders or a president cannot do anything by exec order. Medicare for all needs Democrats house and senate majority. President Obama did Obamacare because he had a majority.
Because President Trump will win in a landslide!! 👏👏😁
Bernie guarantees another Trump term.
Of course. There’s no way he would get elected. Thankfully, there are more smart people in this country than stupid.
They don’t think he can win even f he gets the nomination.
Because we are confident he can’t be Trump. Pretty simple.
Because we all know the commie is not going to become president.
The stock market is not representative of the economy.
They shouldn't be freaking out, they should be excited! Once the public is able to have purchasing power again because they aren't having to worry about student loan debt and medical bills they will be investing back into the economy!
CNNFredo needs to have a word with whoever wrote that article. You have the right to be stupid but do you have to display it on ? Sorry I forgot. It’s headed by stupid.
You give middle class and working class people more money to spend, then what are they going to do with it? Put it into the economy.
Because they know Trump is going to win reelection.
Sounds like people are buying and trading .in the slight chance that he could actually get elected.
Lol
Share price is based on success of the company, profits indicate almost nothing, pursuit of only short term profits is bad business, under Bernie employees will flourish, and so will good businesses
He's helping the stock market because there is no way in hell he will beat Trump.
They’re not freaking out because he isn’t going to win.
Working people don't see the endless stock market gazing as particularly tied to their economic fortunes. Talk to us about wages and aggregate demand.