Enough

“Biden’s first 100 days have already delivered the strongest post-election equity returns in at least 75 years, due to record fiscal stimulus and despite heavy use of Executive Orders,” JPMorgan Chase strategist John Normand said in a note. The results are "not bad for some [former President Donald] Trump labeled as Sleepy Joe during the campaign."

Indeed, Biden’s results have been staggering so far. "The S&P 500 has risen 24.1% since Election Day with numbers that easily trounce any of his predecessors."

Those investors worked up and hell bent on sitting things out last fall are now in full-fledged hibernation. Until 2024, at which point we can go through the same nonsense all over again. Let this serve as another reminder to sit those conversations out. The green team (stock market) could care less if the White House is painted red or blue. Enough already.

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Source: CNBC