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The bloodbath has begun.
The Monday morning trading session was one for the history books. The S&P’s drop flipped the market switches following a 7% plunge.
Despite all eyes turning to the oil price war which we saw escalating over the weekend, there is way more to the capital flight than just that.
And there is far more than just the coronavirus outbreak and US’ delayed response to it.
Dollar Weak Since Sanders Emerged as Front-Runner
The international and political implications of a Sanders win are what first showed the initial signs of capital flight to the safe-havens, namely the yen and Swiss franc.
Bernie is well known for his focus on health care and has succeeded in winning the support of African American and Hispanic voters.
When combined with the coronavirus outbreak and how poorly the Trump administration has responded to the health emergency so far, Bernie’s “Medicare for All” was a clear compo...
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