Dems deluded themselves the same way with Obama. You started to see the economic rebound practically the day he stepped into office. Either Obama was a wizard or we were experiencing a natural market rebound before he’d done anything.
That’s not so strange , businesses are nervous before the election and will hold off investing. As soon as a reasonably sane politician is elected they will start investing again.
businesses are nervous before the election and will hold off investing
Businesses were nervous because their peers had balance sheets full of lies and bullshit.
But once the government (under Bush & Pelosi & Bernanke) stepped in with the infinite money machine to bail out the major banks, flow of commerce was restored.
This has nothing to do with the election. It had to do with fiscal policy that both parties championed.
As soon as a reasonably sane politician is elected
Markets don’t reward sanity. If they did, Elon would be the poorest man in the country, rather than the richest.
That’s not so strange , businesses are nervous before the election and will hold off investing. As soon as a reasonably sane politician is elected they will start investing again.
Businesses were nervous because their peers had balance sheets full of lies and bullshit.
But once the government (under Bush & Pelosi & Bernanke) stepped in with the infinite money machine to bail out the major banks, flow of commerce was restored.
This has nothing to do with the election. It had to do with fiscal policy that both parties championed.
Markets don’t reward sanity. If they did, Elon would be the poorest man in the country, rather than the richest.