stock market: The Democratic Party seems to be leaning towards the left on policies, which is very harmful for the economy, according to Market Watch. I don't like the shift to the left, he explained to CNBC, adding that the market, of course, will open, but it won't be pretty. He wasn't joking, however, in his belief that somebody like Elizabeth Warren in the White House would be disastrous for the stock market. It would be a bear market and they go on for a year and go down 25%, he said. Of course, as one member of the Financial Twitterati pointed out, fears of a Democrat steering the ship just might be overblown So, I went and did the homework. You don't make the poor people rich by making rich people poor.
(news.financializer.com). As
reported in the news.
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