- 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
Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
Posted on 10/17/20 at 9:32 pm
Posted on 10/17/20 at 9:32 pm
quote:
The S&P 500 and Dow Jones could lose 5% if the Democrats win the White House and both chambers of Congress at the election next month, because of a lack of clarity over some of the party's key policies, one Wall Street strategist said.
Steve Kalayjian, chief market strategist and co-founder of trading platform Ticker Tocker said a "blue wave" victory by the Democrats could ignite a sell-off in the S&P 500. "
I don't think the Democrats are being forthright with the policies they are prescribing with the Green New Deal, Supreme Court, and new tax policy both corporate and individual," Kalayjian said.
"The S&P 500 is fine now, but if Biden wins, there will be a sell-off. If Trump wins, you'll see the Dow and S&P easily climb to new highs," Kalayjian added. "I see a decline of 5% or more."
business insider
Posted on 10/17/20 at 9:35 pm to L.A.
It’ll be way more that that IMO.
Posted on 10/17/20 at 9:35 pm to L.A.
Surprising with the amount of Wall Street money behind Biden.
Posted on 10/17/20 at 9:36 pm to L.A.
If Democrats destroy the energy sector you will see the single worst stock market losses since black Thursday
This post was edited on 10/17/20 at 9:38 pm
Posted on 10/17/20 at 9:55 pm to L.A.
quote:
"The S&P 500 is fine now, but if Biden wins, there will be a sell-off. If Trump wins, you'll see the Dow and S&P easily climb to new highs," Kalayjian added. "I see a decline of 5% or more."
5% or more. IT will be waaaayyy more.
A Biden win will cause a large drop in the market.
IF you want to lose your job, lose money in your investments, pay higher taxes (if you still have a job), and be susceptible to crime (US will be a sanctuary country), then vote for Biden and other democrats.
IF you want to keep your job, make more money, and have a safer city, then vote republicans, especially TRUMP.
Posted on 10/17/20 at 9:56 pm to L.A.
5%
There is your problem, the Alex Jones of leftist economic bullshite
quote:
business insider
There is your problem, the Alex Jones of leftist economic bullshite
Posted on 10/17/20 at 10:13 pm to L.A.
A 5% drop???
Yeah, put a 3 or a 4 in front of that 5%.
Yeah, put a 3 or a 4 in front of that 5%.
Posted on 10/17/20 at 10:15 pm to L.A.
This is why I'm holding TLT calls.
Posted on 10/17/20 at 10:20 pm to L.A.
Just 5%? We did that two weeks ago over Trump tweets
Posted on 10/17/20 at 10:25 pm to Alltheway Tigers!
quote:
Surprising with the amount of Wall Street money behind Biden
Why? They make money on the way down too...
In fact, I’d wager that they make more money shorting stock after a biden win and buying it back cheaper than just riding a steady increase after a Trump victory.
Posted on 10/17/20 at 10:38 pm to L.A.
5%?
You mean like, on the first day?
You mean like, on the first day?
Posted on 10/17/20 at 10:39 pm to EthanL
quote:
Just 5%? We did that two weeks ago over Trump tweets
and you whiny mother frickers wailed and it was right back where it was a few days later, meaning your stupid analysis that it was "Trump tweets" was just another shovel full of horse shite
What made it go right back up? Did he tweet again?
Posted on 10/17/20 at 10:42 pm to TigerCruise
The energy sector is already down
Popular
Back to top
Follow TigerDroppings for LSU Football News