Political Winds From Election Are Biggest Risks To Markets, Says Sander Morris Harris CEO

The video discusses the resilience of the bull market and the factors that could lead to a pullback, focusing on the political climate in the US. It highlights how political events, such as Bernie Sanders' candidacy, influence market trends. The discussion also covers differing opinions on whether Sanders' policies would benefit the market, with some arguing that his socialist policies could lead to high deficits and economic growth, while others believe socialism is detrimental to corporate earnings and market stability.

What are the implications of high deficits on economic growth as mentioned in the text?

Discuss the relationship between socialism and corporate earnings as presented in the text.