Big Wins for Legal Marijuana, $15 Minimum Wage, and Uber and Lyft -- Barrons.com

老灯

While all eyes were on the presidential election, voters also made their calls on several key state propositions and amendments. The now multibillion-dollar cannabis industry got a big boost, the minimum wage is going way up in Florida, and Uber and Lyft scored a big win.

California voters delivered a big win for Uber and Lyft by passing Proposition 22, which creates an exemption to state law AB5 that made drivers eligible for employee benefits. Now gig companies like Uber and Lyft can continue classifying workers as contractors.

Arizona, Montana, South Dakota, New Jersey voters all voted to legalize recreational pot. Voters in South Dakota and Mississippi chose to legalize medical marijuana.

Because of their size, the soon-to-be-legal markets in Arizona and New Jersey, which together have more than 16 million residents, will have the biggest impact on the cannabis industry.

Florida became the eighth state to raise its minimum wage to $15 an hour as Floridians voted strongly in favor of a ballot measure that will increase it from its current $8.56 an hour over the next six years.

Oregon became the first state in the U.S. to decriminalize hard drugs. Measure 110 passed, decriminalizing possession of small amounts of hard drugs like heroin, cocaine, methamphetamine and psychedelics and putting some of the state's marijuana tax revenue toward recovery programs. The state legalized recreational pot in 2014.

In California, Prop. 22 would go into effect on Dec. 16. Uber and Lyft may not be entirely off the hook then, though. They were ordered to comply with California law in August, a decision that was upheld by a state appeals court last month, and could face penalties for the time they were not in compliance.

老灯

这种选举结果，华尔街是欢迎的

Maylin

Uber made huge money..yea!

老灯

美国中文网报道 周三在美股开盘之际，尽管总统大选结果还未明朗，但是华尔街三大股指全线上涨。道指涨幅一度近600点，标普500指数涨超2.8%，纳斯达克指数则大涨近4%。

巴克莱美股交易主管Mike Lewis表示，“我认为目前看起来市场认为不会有Blue Wave，这种形式对市场通常来讲比较有支撑意义。接下来市场将更多评估政策走向和联储决策。”

在周二晚间，股指期货一度大涨。纳指期货涨幅一度达3%。不过当现任总统川普试图在数百万选票还未计票结束的时候在推特试图宣布胜选后，道指和标普500指数承压。

包括Facebook、亚马逊、苹果、Netflix、Alphabet、微软在内的科技巨头涨幅均超3%。

除了科技股本身的盈利回报和疫情下的突出表现之外，一些华尔街交易员和投资者认为共和党如果继续把持参议院对科技股是一个积极提振，因为民主党试图提高资本利得税将不利于高成长公司。不过目前参议院是否继续由共和党把持结果还并不明确

跨国银行Stifel周三表示，“市场反应说明了，投资者对哪怕只是共和党拿下参议院的结果已经满意了，因为这意味着加税有难度。这让一些成长股受到了提振。”。该银行策略师Barry Bannister周三上调了标普500指数到2021年的目标点位从3100点上调至3800点，这意味着和当前水平相比10%的涨幅。

交易员们还在关注大选结果是否会推延。如果选举结果出现争议，将是市场最不愿意看到的。Sevens Repot创始人Tom Essaye表示，“有争议的选举结果在短期会让股市大跌，但是我们并不认为这是一个让股市跌熊的转折点。”

Maylin

是这样。。只要参议院是共和党的，富人们不在乎拜登当选。