Kurt S. Altrichter,   The market operates independently of politics.  It does not care about draining swamps, political retaliation woke or anti-work campaigns, or DEI initiatives. The market focuses only on policies that:  1) Impact earnings, either positively or negatively. 2) Support or restrict economic growth. Any political movement or agenda seen by the market as a barrier to stronger earnings or growth will be viewed negatively, creating a headwind for risk assets—whether those policies come from Democrats or Republicans.