Become a Patron


Subscribe on
iTunes    Android
YouTube    RSS

Wall Street Seems to Believe That Endless Gridlock and Political Turmoil Will Be Good for America

by Michael Snyder
The Economic Collapse Blog

It is difficult not to admire the relentless optimism on Wall Street. A divided Congress is going to guarantee two years of gridlock and political turmoil in Washington, but many in the financial community are choosing to interpret the election results as a positive sign. They remember the “gridlock” during the Obama years, and they are hopeful that the next couple of years will be at least somewhat similar. The Dow Jones Industrial Average shot up 545 points on Wednesday, and that was the largest post-midterm rally that we have seen in 36 years. Stock prices normally go up the day after midterm elections, but Wednesday’s rally was definitely unusual…

Continue Reading at TheEconomicCollapseBlog.com…

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

  

  

  

Time limit is exhausted. Please reload the CAPTCHA.