Wall Street’s wishes for the post-Republican victory era
We have reached the final week of the 2022 US elections, and now the election polls and surveys indicate a likely Republican victory in the House of Representatives. The economic and financial implications of this event and Washington’s shift from Democratic control are increasingly being discussed. It seems that major financial companies and stock traders are preparing for a period that will bring serious hope for them. Specifically, they hope to restrain the Democrats’ tax plans, regulate and streamline activities on Wall Street, and redirect capital from production to the finance sector. These ideas and anti-people programs, which actually harm production, the healthy budget, and citizens, are the long-standing ideas and habits of the Republicans, which severely weakened the US economy during the Trump era.
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