(Bloomberg Opinion) — I was on vacation over the past two weeks, a trip that began with news of Ruth Bader Ginsburg’s death and ended with President Donald Trump’s hospitalization after testing positive for Covid-19. It was strange, to be sure, though I watched from afar as markets took these momentous political events in stride: The S&P 500 Index moved less than 1% from Sept. 18 through Oct. 2, the benchmark 10-year Treasury yield rose by less than a basis point and investment-grade credit spreads barely budged. In general, politics is usually little more than a sideshow for financial markets …read more
Source:: Yahoo Finance
