Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Barry Ritholtz: Mr. Market Doesn't Care About Your Politics

FYI: It's election season, and that means it's time for partisans to pose as economists and strategists in order to explain how much the markets support their favorite candidate (see this or this or this). It is an exercise fraught with a fundamental misunderstanding of what drives markets at best -- or intellectual dishonesty at worst.

So let’s get this out of the way: Mr. Market doesn't care who you are voting for, doesn't care very much who wins, isn't choosing one candidate over another and isn't especially concerned with politics
Regards,
Ted
https://www.bloomberg.com/view/articles/2016-10-07/mr-market-doesn-t-care-about-your-politics
Sign In or Register to comment.