Wall Street ‘euphoric’ as blue wave seen as unlikely, making progressive change more difficult

“Stocks on Wall Street are surging higher despite extraordinary political uncertainty and a very real possibility that Democrat Joe Biden could win the 2020 election. Typically, uncertainty can cause markets to drop. However, election results have so far played out better than investors were expecting. If current projections are correct, we will have a Democratic President and Republican Senate which is a positive catalyst for the equity markets. Wall Street is breathing a sigh of relief now that more regulation and progressive fiscal policies are seemingly off the table”. (Fox News. Read more here.)