https://www.nbcnews.com/politics/meet-the-press/usps-kanye-trump-s-moves-look-his-eyes-are-november-n1236589#anchor-Takingstock
Taking stock
We’re not usually fans of reading too much into the whims of Wall Street. But we couldn’t help noticing yesterday that the financial markets didn’t exactly panic at the Harris pick.
Markets yesterday had a fine day, rallying a bit after a slump earlier in the week.
The Wall Street Journal writes that the relatively warm welcome “reflects some relief that in choosing Ms. Harris, Mr. Biden has — for now at least — fended off the more progressive wing of the Democratic Party that has called for tougher financial regulation.”
More: “As Mr. Biden’s running mate, they see a noncontroversial partner — closely aligned with him on the issues nearest and dearest to their hearts — and an asset with big donors.”
Progressives will hardly love seeing the story’s warm and fuzzy quotes from CEOs, although it may be true that any pick other than Elizabeth Warren might have had the same effect.
But what’s most noteworthy to us: If the GOP strategy is to brand Biden and Harris as “socialists” and “radical left-wing liberals,” the markets certainly don’t seem to be buying it one bit.