Pondering Consequences
The other day I read a piece about the supposed consequences of electing Zohran Mamdani as mayor of New York City, a notion that has gripped the financial press for a few weeks now. I even saw a post from my favorite financial writer, Bill Cohen, that stated that his conversations in the market indicated that Wall Street was far less worried about the U.S. bombing Iran than they were about Mamdani winning the Democratic…

