U.S. Senator Elizabeth Warren (D-MA) speaks at a rally to launch her campaign for the 2020 Democratic presidential nomination in Lawrence, Massachusetts, U.S., February 9, 2019. REUTERS/Brian Snyder
Charles Gasparino, NYPost: Wall Street is freaking out at the thought of President Liz Warren
The 2020 election is still a long way off, but the nation’s big banks are already pricing in the possibility of an Elizabeth Warren presidency, their senior executives tell me. The picture ain’t pretty — for the banks or average Americans.
True, Warren isn’t the Democrats’ frontrunner, and a lot could happen in coming months. Because it’s early, financial stocks haven’t officially started to suffer. But the bank execs note that Warren is smart and driven, and they fear she may be starting to break out of the pack, where she can do some damage.
Read more ....
WNU Editor: Wall Street is not the only group that would "freak-out" over an Elizabeth Warren Presidency. As to why is she doing well in the Democrat primary race. I find her to be the only candidate that is talking about economic issue. Her opponents, like Joe Biden, are also not really connecting with Democrat voters.
Posts
