- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Are the markets foreshadowing a Biden victory? Some wealth management folks believe so.
Posted on 10/31/20 at 9:40 am
Posted on 10/31/20 at 9:40 am
Watching Cuckvuto just now and a couple of Wall Street wealth management folks believe money is flowing out of the market in anticipation of a Biden victory. This makes sense certainly in the short term, higher corporate taxes, higher personal taxes, higher capital gains taxes......yeah, probably a good idea to have a substantial portion of your investments in cash or if you're a gambler short the broad markets.
15
Posted on 10/31/20 at 9:42 am to Bass Tiger
Probably no more so than those who are standing pat but they receive no attention
Posted on 10/31/20 at 9:45 am to wfallstiger
quote:
Are the markets foreshadowing a Biden victory? Some wealth management folks believe so. Probably no more so than those who are standing pat but they receive no attention
Yeah, I'm not too worried about a crash, it will suck but I have some cash in my dip account to throw in if the opportunity presents itself.
Posted on 10/31/20 at 9:45 am to Bass Tiger
Markets have changed up into after after every election.
Posted on 10/31/20 at 9:46 am to Bass Tiger
The markets were foreshadowing a Clinton victory in 2016.
Didn't you people watch this movie 4 years ago?
I'm not saying Trump wins, he may not but the same entities and people doing all the foreshadowing then are the same ones doing it now.
Furthermore, they are the same people that have been wrong about just about everything over the last 4 years.
Take solace in that.
Didn't you people watch this movie 4 years ago?
I'm not saying Trump wins, he may not but the same entities and people doing all the foreshadowing then are the same ones doing it now.
Furthermore, they are the same people that have been wrong about just about everything over the last 4 years.
Take solace in that.
Posted on 10/31/20 at 9:46 am to Bass Tiger
You realize we hit ATHs last month right?
Posted on 10/31/20 at 9:46 am to Bass Tiger
It's called uncertainty. We don't freaking know who our president will be.
Posted on 10/31/20 at 9:47 am to Bass Tiger
Wall Street sees Biden as predictable and not volatile like Trump. They want stability and no drama. They don’t believe he will go full progressive and get all the tax increases. They don’t care about manufacturing anything in the US or restricting illegal immigration. They don’t care about flyover country, just making money for themselves.
Posted on 10/31/20 at 9:47 am to Bass Tiger
Anyone who invests in biden is a fool
Posted on 10/31/20 at 9:48 am to Bass Tiger
I was pitched by a bank’s wealth management team this week. They seemed to think a Biden victory is assured. Suffice it to say, they aren’t getting my $$$!
Posted on 10/31/20 at 9:51 am to wutangfinancial
quote:
Are the markets foreshadowing a Biden victory? Some wealth management folks believe so. You realize we hit ATHs last month right?
I'm overall bullish simply because historically the market tends to rise. I'm much more bullish if Trump wins. I certainly see Biden's tax policies dragging the market down if he does what his handlers tell him to do. MAGA baw!
Posted on 10/31/20 at 9:59 am to Tiger985
quote:
The markets were foreshadowing a Clinton victory in 2016. Didn't you people watch this movie 4 years ago? I'm not saying Trump wins, he may not but the same entities and people doing all the foreshadowing then are the same ones doing it now. Furthermore, they are the same people that have been wrong about just about everything over the last 4 years. Take solace in that.
Markets wanted Clinton because she was their girl, literally bought and paid for, and you're right, Hilldawg was a known Wall Street groveler and Trump was the unknown. It's flipped to a degree and Wall Street knows Trump's policies are pro growth for America but not necessarily good for China. Do you believe the Wall Street types would take higher taxes if it means they can have their China back? No need to answer, of course Wall Street prefers China's market access over Trump's America First economic policies.
Posted on 10/31/20 at 10:21 am to Bass Tiger
Probably some protecting themselves just in case Biden wins and expect a big drop in the market should that happen.
Posted on 10/31/20 at 10:23 am to Bass Tiger
Those guys are famous for saying one thing and then playing the other side of the trade.
Posted on 10/31/20 at 10:23 am to Bass Tiger
quote:
Watching Cuckvuto just now and a couple of Wall Street wealth management
Lol
Posted on 10/31/20 at 10:34 am to Bass Tiger
They don't know anymore than you do.
Posted on 10/31/20 at 10:36 am to Bass Tiger
Nah, market has been choppy. More cash allows institutions to pounce once direction is established.
Posted on 10/31/20 at 10:43 am to FlyingTiger1955
quote:
Wall Street sees Biden as predictable and not volatile like Trump. They want stability and no drama. They don’t believe he will go full progressive and get all the tax increases. They don’t care about manufacturing anything in the US or restricting illegal immigration. They don’t care about flyover country, just making money for themselves.
The market won’t like it if there appears to be a month long process of figuring out the election. If there is a clear winner the market won’t care much. No serious financial advisor ever suggests cash as a safer and better long term position. Time in the market is better than trying to time the market.
Posted on 10/31/20 at 10:45 am to Jake88
quote:
They don't know anymore than you do.
Nobody knows but it sure is fun arguing with people who think they do.
Posted on 10/31/20 at 10:51 am to Jp1LSU
quote:
The market won’t like it if there appears to be a month long process of figuring out the election. If there is a clear winner the market won’t care much. No serious financial advisor ever suggests cash as a safer and better long term position. Time in the market is better than trying to time the market.
Agree, I'm running 50/50. If the election is undecided and drawn out I'll stay put, if Trump landslides I'll start buying back into a 70-80/30-20 mix, if Biden wins I'll have to look at where his anti America policies are forcing investors. If Biden wins Silicon Valley is a sure winner and whatever companies are wrapped up in AOC's New Green ripoff are going to do well too. If Trump wins I'm back full steam into O&G.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News