stock market

If the company were on the stock market or owned by a private equity fund, it would be under pressure for short-term results.

“Every California budget can be affected by forces outside of our control – whether it’s conflict overseas or an unpredictable stock market here at home,” said H.D.

The stock market is also sensitive to uncertainty, which means there could be a wild ride of highs and lows.

The economy couldn’t have been better for the Democrats: four percent unemployment, three percent GDP growth, two percent inflation and a stock market that couldn’t quit setting records.

Market analysts say the stock market's momentum following the 2024 election could continue, driven by steady economic growth, strong corporate earnings and expectations for further interest rate cuts by the Federal Reserve.