???
Who knows.
No one could have predicted what the markets would do in response to a complete lunatic, so there's that.
This cracked me up. While I'm concerned that President Warren or Sanders could be perceived as "bad for business", I would be willing to give up some returns if it meant having a rational adult at the helm again.
Okay, and if they're perceived as being "bad for business" what impact do you actually think that could possibly have in the long run?
Do you really think a single president can appreciably and permanently alter the overall value of the markets?
With every progressive policy that's "bad for business" there's also a business opportunity there. Progressive governments tend to favour program and infrastructure spending, so someone benefits.
My industry is taking an absolute beating right now thanks to an ostensibly progressive government policy from about a decade ago. It is permanently shafting an entire massive industry. However, it is creating AMAZING opportunities for niche market businesses and for larger corporations. With more competition, suppliers are seeing a run on technology sales that will make individual owners more competitive. Consultants and financial service professionals are in insanely high demand, and overall, the money moving through the industry is bigger than ever, despite individual business owners taking home a much lower percentage of that cash.
The overall market of my world is humming despite the policy being "bad for business".
When a progressive leader is seen as "bad for business", what they really mean is that they are bad for the status quo of business, but if you are broad investor, it doesn't matter which businesses fall and which rise, as long as the overall market rises over a long time span.
A progressive president won't fundamentally destroy the US economy, and whatever happens, the economy will likely adapt and flourish like it always does, even when there are brutal and devastating recessions. There's opportunity in everything, the US market isn't some delicate little flower that can't handle shit getting fucked up. It's more like ecosystems that tend to thrive after forest fires.
You simply cannot generalize the short term market reactions to the overall performance of the markets over a long period of time.
Is a recession coming?
Of course.
Could it be triggered by a president?
Of course.
Does it matter in terms of the capacity of your investments to support your retirement?
Of course not.
Not if you've accounted for SORR in your plans, which you should no matter what the political climate is.