Don't mixed political results and the market performance unless you're willing to do the statistical analysis prior to doing such. Simply, markets tend to be bullish after a big election that decides the U.S. Presidency and any related big deciding elections for House / Senate seats...long enough to put all the elections in the re-view mirror before any big sell-off shows up. Also, these are unusual times...we're still in a Pandemic. What's the threshold of Covid-19 deaths will the markets react like it initially did in the Pandemic... United States 1 million Covid-19 Deaths will be my freak out number. wrbtrader
Unfortunately, the 4 years under President Donald Trump was only a temporary reprieve. The globalists in Congress including, RINO liberals and even lower and appellate court judges will see the US turn into a Socialist then, Communist country in short order. Nobody is going to stop the globalists now. If you think they care about average Americans, you will have a rude awakening real soon. China will flood the US again with their cheap goods and dominate the US with one way trade and the US as a country will be decimated bit by bit. You cannot keep running trillions of dollars in deficit and think there are no consequences down the line.
Maybe there are some rich people and institutional investors who actually believe that genuine democracy will be good for the US economy BMK
You are talking about the Senate, (Congress the Republicans won back some seats, yet still a minority), as others pointed out, more liquidity, higher stocks. P.S. The markets may tank later on revised covid/vaccine news.
"Genuine Democracy" is a bad thing. It's like 2 wolves and a lamb voting on "what's for dinner"? IOW... MOB RULE. America's genius founders intentionally avoided a "democracy" for our form of government and gave us a Republic instead.... with the comment, "we've given you a republic, if you can keep it". Well we did that for a couple of hundred years... but now that's gone, sadly "Rich people and institutional investors", as you put it... are celebrating the anticipated "print-money stimulus"... nothing more. (Our form of government doesn't really concern them and is therefore not a genuine worry).
Considering the rich will become richer thru their cronies from Congress, they have no concern about the fate of average joe Americans. Never have and never will. Hedge funds will continue to do well because they are the market.
I'd read that still some "things" will still require 60 Senate votes... others can pass with 50+. Not sure why that's the case.. ??