Why Markets Seem to Be Ignoring the US Election

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Rockefeller International Chair and Breakout Capital founder Ruchir Sharma discusses his book "What Went Wrong With Capitalism" and explains why markets seem to be broadly ignoring the US presidential election on "Bloomberg The Close."

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Nobody seems to have a stake in the country and the system. They just want to game it for their benefit!

wokeymcwokeface
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In Switzerland, capitalism is booming, one of the reasons is perhaps that the politicians are part-time employees and are subject to accountability in relation to what can be collected in taxes to the state and how much can be taken into debt. In addition, Switzerland has a decentralized local democracy that allows for spontaneous political experiments and motivates the incentive of politicians and citizens. The problem in the US is a lack of accountability and incentive on the part of voters and politicians to clean up.

glennnielsen
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They are doing what they always do. Oil dips, stimulates economy and pushes most of the rest of the market up.

TEM
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👌 intellectual insights...

Ruchir Sharma is a Master

VijayPawar-szgq
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...because it's not time yet. We're gonna start shorting the shlt out this market in 5 weeks time...

har
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They need to lower taxes on the lower and middle class! Anyone making under $200, 000 per year in income!

HighQWealth
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Under 3000 fundamental regulations n then how all system under the nepotism, its shocking

bharatichaudhari
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Because the markets are rigged and dose not matter who. 😂😂

avrahamavraham
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It's broken for sure, let's see how this will unroll

DiegoMarquesBrazil
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the system "they" had in mind? what is he talking about? America's biggest problem is regulation? this guy is a tool

davidguerrero