Bnorth
Active VIP Member
Equity markets traditionally do better under Democrat presidents for exactly that reason: spend spend spend.Most of it.... The markets are much more effected by anything Covid right now than political. On the political side they do believe that Biden will inject much more socialist $$$ into relief packages than Trump would have so they assume there will be more money going around. Most of the money from these do called relief benefits end up in the hands of the big banks so they care more about the influx than the long term impact. That said I don't think todays market is sustainable so I put sell orders on most of my equity holdings, get out now and sit on some cash for a while to see what happens next.