I have a strong belief Bernie is going to sweep the remaining primaries and general election and become the next President. He will lose moderates and retirement age boomers to Donald Trump but take unprecedented amounts of the populist vote (the disgruntled rabble) away from him.
Assume this happens and Congress swings to a liberal majority in both houses. What are the effects on the finance industry and/or American business in general? Negligible with a slight stock market decline and marginal tax increase? Everyone quits their job and becomes a welfare stoner? We all get to run up a free tab on Bezos and Gates' credit cards with minimal economic blowback?
Curious to hear everyone's take.