Why The US Stock Markets Hardly Give A Hoot Whether Trump Wins Or Biden

The US stock markets are booming despite the onset of a global recession. Despite controlling the levers of monetary policy, interest rates and taxation, President Trump will likely learn the immutable truth about the stock markets this November: that it has a mind of its own and cannot be contained by empty sloganeering.

Markets love Modi’s re-election

As election figures started to stabilize indicating a BJP win, markets reacted with a wild bull run with record gains. Sensex went up 964 points to 40,074 as Nifty climbed 296 points to 12,034.