Wall Street loves a divided government in Washington. It’s the scenario most likely to result in fiscal responsibility and minimal meddling in the economy.
That’s part of it. Another part is that the labor market is very tight right now and larger salary and wage packages mean less money to distribute to stock holders. Wall Street also loves cheap labor and immigration.
Divided government is fiscally responsible? Lol you must be kidding. The markets are excited because in divided government, the dems have to be bribed with new spending in order to get our own agenda items considered.
It means there is about to be an orgy of federal spending.
"Fiscal responsibility" with Maxine Waters chairing the Banking Committee?
"Fiscal responsibility" with the worst of the TERMINALLY INSANE DEMS heading all of the other House committees?
Investigation after investigation of the president, every member of his family, back to his great grandfather, one into Kavanaugh, and manhy into every single Cabinet member and THAT just for starters; not to mention the IMPEACHMENT CRUD and the economy AND the markets are going to roil worse than ever!