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Stock Market and Democrat Nomination
Posted on 8/2/24 at 2:20 pm
Posted on 8/2/24 at 2:20 pm
Is it investor concern that caused the stock market to take a dump on the same day Harris was nominated for president by the Dem party or just a coincidence?
Posted on 8/2/24 at 2:20 pm to AUauditor
Do you believe in coincidences?
Posted on 8/2/24 at 2:22 pm to AUauditor
It went way up after the assassination attempt. They were pricing in a Trump win.
They are taking it back with the polls tightening.
Posted on 8/2/24 at 2:23 pm to AUauditor
Coincidence- jobs #s posted today

Posted on 8/2/24 at 2:24 pm to AUauditor
quote:
Is it investor concern that caused the stock market to take a dump on the same day Harris was nominated for president by the Dem party or just a coincidence?
Had far more to do with the jobs report.
Posted on 8/2/24 at 2:26 pm to BuckyCheese
Im perfectly fine heading into another recession. A good couple of years of cheap pickups in the market.
Posted on 8/2/24 at 2:28 pm to AUauditor
Yen/Dollar was a big factor in the market correction today.
Bank of Japan raised rates.
Bank of Japan raised rates.
Posted on 8/2/24 at 2:28 pm to AUauditor
quote:
Is it investor concern that caused the stock market to take a dump on the same day Harris was nominated for president by the Dem party or just a coincidence?
Please don't start with this crap. No....It's a myth! Presidents and most certainly nominees have very lil impact on markets.
Every time I have a client or prospective client tell me they want to wait to see who the next President will be always makes a massive mistake by not following my advice. 100% of the time 6-12 months later they regret it.
Posted on 8/5/24 at 11:26 am to SoloTiger
quote:
Yen/Dollar was a big factor in the market correction today.
Bank of Japan raised rates
quote:
you can't unwind the biggest carry trade in history without jumping out of a few windows
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