Yubby dibby dibby dibby dum.
Close. Really so close.
Across the landscape known as the equity marketplace, all S&P sectors performed somewhere between well and very well. Taking the temperature of the major to not-so-major indices, performance also excelled. I had written on Monday that I thought maybe on Friday, during that day’s selloff, that perhaps markets were pricing in former Vice President Joe Biden’s tax proposals. Just one weekend later, based on just who and what performed the best, it seemed almost as if markets were pricing these proposals back out. Could I have just been wrong on Friday? Or maybe something else is at work? If I were a rich man…..
Political polls did show a lurch in the former vice president’s favor as the nation learned of President Trump’s diagnosis, and then the spreading of the virus to others within his circles. Perhaps these markets reacted on