CNBC: “Wall Street might actually be fine with Sanders moving to the front of the Democratic pack”
By admin_45 in IN THE NEWS
Excerpt from CNBC quoting DataTrek's Nick Colas:
.... "There is a lot of chatter that a Sanders nomination would roil markets, but there’s another way to consider that possibility,” Nick Colas, co-founder of DataTrek Research, said in his daily market note. “Investors may assume that Sanders’ platform of radically remaking American society/commerce will not resonate with voters during a time of relative economic prosperity. That would make President Trump’s reelection more likely, preserving a market-friendly tone to government policy"....
Read the full article here in CNBC!