March 4, 2020

Market rebounding. It's not because of Joe Biden

The reason the DJIA is rebounding again (up 500 as I write) this morning in the face of coronavirus fears, is not because anyone is enthused about Biden winning, it's about Sanders losing.

The markets are scared of Sanders, and rightfully so.  He's not a Democratic Socialist.  He's a Socialist and pretty much a communist if you look closely enough.  He's a destroyer of capitalism.  No one is thrilled about Joe Biden winning and looking like the nominee this morning, except perhaps president Trump.

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