Markets Ignore Increasing Odds of Policy Shift in Washington

According to PredictIt, the odds of a Democratic sweep come November have significantly increased since late March. Last year, the prospect of a progressive candidate like Elizabeth Warren or Bernie Sanders as the Democratic nominee roiled markets. But now? Equity markets are brushing off the increased odds of a complete change in policy coming from Washington. Or, is it that there are just more pressing issues to worry about? After all, November 3rd is still more than four months away. And if events this year have taught us anything, it’s that a lot can happen between now and then.


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