The DOW futures are up 220 points.
Think Wall Street knows something?
Wall Street, on the whole, is pro-Clinton. Most of its representatives favor not just free trade, but open borders, as well as government guarantees for business interests that are willing to "play ball"; accepting regulatory oversight in exchange for favorable treatment that both protects their investments and insulates them from competition. Donald Trump's professed aversion to trade deals and regulatory expansion belies his own business practices, by which he has profited from influence peddling and rent-seeking, which in turn has weakened his stated campaign positions.
The truth is that free markets, when assisted by the inviolate rule of law regarding citizenship and property rights, and freedom from regulatory excess is what creates new business opportunities, and thus threatens established big business interests, which have come to prefer cozy arrangements with government as opposed to the competition and risk-taking inherent in truly free enterprise. Clinton prefers precisely such blurring of the lines between the private and the public, because she and her husband have enriched themselves by trading on favors and the purchase of government influence. And that is why neither Trump nor Clinton represent a bright future for American industry in a dynamic global economy.
