- 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
re: How will the election affect the stock market
Posted on 8/26/20 at 6:18 am to iAmBatman
Posted on 8/26/20 at 6:18 am to iAmBatman
quote:
How’s you come to that conclusion? Biden is ahead of Trump in all the major polls.
My point in saying this is to ask how can the market have a Trump victory priced in when data is showing the opposite. I’m not debating the accuracy of the polls, just pointing out that it’s foolish to say that a Trump win is already priced in, considering the positives surrounding the Biden campaign.
Posted on 8/26/20 at 7:54 am to iAmBatman
quote:
My point in saying this is to ask how can the market have a Trump victory priced in when data is showing the opposite. I’m not debating the accuracy of the polls, just pointing out that it’s foolish to say that a Trump win is already priced in, considering the positives surrounding the Biden campaign.
I agree with your logic here. Much like when people here mistakenly claimed that the (still questionable) stimulus was “priced in”, I also don’t see that the prior claim about a Trump victory is priced in either.
It has nothing to do with what I do or don’t want to happen. It’s simply what the data at hand is showing the markets right now. And I’ve not heard a single major market participant make that claim.
People also need to step back and realize that the make up of the House and Senate matter at least as much as who occupies the White House next year. And it appears that there’s a high probability that the Senate might flip.
Back to top
Follow TigerDroppings for LSU Football News