If we take today's price action as mostly due fears of a Sanders presidency subsiding, the market implied roughly a 20% drop in stock prices to a Sanders presidency...which seems extreme.
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Replying to @svrnco
Even if Sanders were elected, I highly doubt he'd manage to damage the economy. AFAIK, he has a poor history of successfully passing his sponsored legislation. No reason to believe that'd change were he to become president.
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Replying to @Molson_Hart
Yep. There would be little chance of him passing anything too crazy. He'd be constrained by Congress.
1 reply 0 retweets 1 like
Replying to @svrnco
Efficient Market Hypothesispic.twitter.com/fiXxPcWSDd
4:19 PM - 4 Mar 2020
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