Markets, Strategy And Gridlock: Key Midterm Considerations
This feels entirely trite, but I'm compelled to mention it anyway as the US midterms are set to dominate the news cycle for the next several days: Divided government in Washington is ostensibly bullish for equities.
That's the conventional wisdom, and the rationale is straightforward. Gridlock serves as a check on each party's "worst impulses" and less volatile fiscal policy is conducive to lower volatility in markets. That could be particularly useful in 2022 and 2023 to the extent it calms ra
Politics today- a significant portion of right wing advocates and policymakers don’t believe in government, let alone democratically elected government. A significant portion of the left doesn’t understand capitalism, let alone how to address its contratictions and side effects. At the same time, there is no outlet for those who understand this. Time to face reality….There are no grownups managing the world behind the scenes.
Well said @west coast.
+1
Sadly, I agree
I see the right wing as not believing in true democracy, and rather authoritarian government…
Polls have shown that the cast majority of Americans political beliefs fall in the middle- for example; polls show that about 70% of Americans support abortion rights up to 15-16 weeks and in the case of rape/incest. That leaves 30% to fall on either the far right ( pro-life) or the far left (abortion up until birth).
The media predominantly covers the views of the far right and far left. This, I learned from reading H.