, Columnist
Bernie Sanders Could Be the Stock Market’s Best Friend
If elected president, he would most likely expand the deficits that have buoyed corporate earnings and equities.
Not Wall Street’s worst enemy.
Photographer: Alex Wong/Getty Images
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Of all the candidates in the 2020 presidential field, including Donald Trump, the U.S. stock market’s biggest booster might just be Bernie Sanders.
With Sanders’s victory in the New Hampshire Democratic primary on Tuesday, questions about how the market would fare if the Vermont senator were elected president will intensify. The prevailing narrative is that his socialist bent would send the long-running bull market into retreat, but don’t bank on it.