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.
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.