Love him or hate him, there's no debate that presidential candidate Bernie Sanders is embracing policies that would rewrite broad swaths of the American economy
Investors famously hate uncertainty. And it's hard to imagine something that would cause more uncertainty to the capitalist system than electing a self-proclaimed democratic socialist who is calling for a political revolution. Sanders wants to ban oil and gas fracking, break up big banks and institute a wealth tax. That's why Wall Street could feel the Bern -- and not in a good way -- if Sanders wins big in the Iowa caucuses on Monday and continues that momentum through Super Tuesday.
Of course, it's important to remember that a President Sanders could not wield a magic wand to enact his extreme policy proposals. Congress must approve any sweeping changes. Republicans would surely seek to block the Sanders agenda. And the GOP may still control the US Senate.
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