“For Wall Street, it’s not just about Mamdani – some fear a broader rise of socialism could destabilize markets and the economy,” writes champagne class bullet point factory Axios in another one of their PowerPoint presentations about the NYC Mayor-all-but-elect Zohran Mamdani.
“If you have a super high profile socialist mayor creating all types of new government entitlements, taxes, you know, big anti-capitalism sort of campaign… that reverberates everywhere and that generally puts pressure on markets,” Axios quotes Bradley Tusk, CEO of Tusk Ventures.
Lol. Like it’s guy’s name but still it’s not exactly a subtle one for an ultracapitalist outfit.