economy, politics, quotation

They Should Study Their History Books

“History speaks pretty clearly that the markets do better with Democrats. Republicans’ ideas of what constitutes fiscal responsibility simply are not good for the stock market. Democrats have many tendencies, but one of them is to look after the workers, and actually that tendsto be good for demand and good for markets. These capitalists who ware desperate to elect Republicans should study their history books,”

~Jeremy Granham, co-founder of GMO
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