Market movements and uncertainty in American politics
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A rule of thumb is that market players don’t like uncertainty. The question this morning is whether there’s more or less of it in the wake of President Joe Biden’s rough showing against former President Donald Trump during last night’s debate. We’ll track how the debate is affecting the movement of money. Plus, Social Security cuts are inevitable by 2035 unless lawmakers act. Can a similar crunch from the ’80s offer guidance?
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