Remember: Markets Prefer Gridlock

Remember: Gridlock's good. Or at least for markets. Over the last several weeks, which is to say si

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4 thoughts on “Remember: Markets Prefer Gridlock

  1. I surmise that money raised for a candidate is a decent proxy for ability to win a race. The Dem’s just did an amazing job of showing their support for Harris, I think in a way that shows her relative ability to beat Trump may have narrowed. Thoughts?

  2. You’re comment about “Namely, he’s Trump, and everything that entails” reminds me of John Mulaney’s bit from 2017, “There’s a horse in the hospital”. Well worth watching, if you haven’t seen it: https://www.youtube.com/watch?v=JhkZMxgPxXU “This guy being president, it’s like, there’s a horse loose in a hospital… I think eventually, everything’s gonna be ok, but I have no idea what’s gonna happen next. And neither do any of you. And neither do your parents. Because there’s a horse loose in the hospital! It’s never happened before! No one knows what the horse is gonna do next. Least of all the horse.”

    1. This is a great comment. John Mulaney is one of my favorite comedians- especially his older stuff. 🙂
      This next part is just a general comment:
      Speaking of 2017, with “gridlock”, the 2017 tax law sunsets as of December 31, 2025 and that means some significant tax increases for the economy to absorb, unless Congress can overcome gridlock and work out a deal- in which case, we don’t have gridlock.

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