re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500

I think these things become more complicated than what it appears
For example, they may think Biden is going to win, so they are donating now in hopes when he does win, he and the Democrats will "take it easy on them."

I'm one to think if the Democrats win all 3 they won't do every thing they'll say they'll do. Why? You gotta keep the conflict going to drive votes for the next election.

Politician don't really care about you. Ya I'm sure a part does, but keeping that power, celebrity etc feeds the ego. They may even convince themselves they are putting us first but they don't. So they'll say enough, do enough, to keep you worked up to vote again in 2, 4, or 6 years.

The ones that get hurt are not the big money donating to Biden. They can afford to play either way.