Equities Like Global Stability
You know, money ain’t everything and when J P Morgan talks like this, there’s some people listening.
JPMORGAN: “The consensus view is that a Democrat victory in November will be a negative for equities. However, we see this outcome as neutral to slight positive.”
I bet they choked on that last part. Or at least the building shook.
The stock market has always done better under Democrats. And, the fact that a stock market will exist with a Democratic win is certainly a slight improvement over carnage and chaos.