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Posted on 10/17/20 at 11:28 pm to L.A.
I mean 5% is really nothing. I would think it would be way worse than that
Posted on 10/17/20 at 11:30 pm to L.A.
5%? It can drop 5% for any reason or no reason at all.
Posted on 10/17/20 at 11:57 pm to L.A.
I wonder why Wall Street's campaign contributions to Biden are dwarfing those being made to Trump.
So, Wall Street is trying to get Biden elected so the market will collapse. Makes lots of sense.
So, Wall Street is trying to get Biden elected so the market will collapse. Makes lots of sense.
Posted on 10/18/20 at 12:45 am to texridder
I think these things become more complicated than what it appears
For example, they may think Biden is going to win, so they are donating now in hopes when he does win, he and the Democrats will "take it easy on them."
I'm one to think if the Democrats win all 3 they won't do every thing they'll say they'll do. Why? You gotta keep the conflict going to drive votes for the next election.
Politician don't really care about you. Ya I'm sure a part does, but keeping that power, celebrity etc feeds the ego. They may even convince themselves they are putting us first but they don't. So they'll say enough, do enough, to keep you worked up to vote again in 2, 4, or 6 years.
For example, they may think Biden is going to win, so they are donating now in hopes when he does win, he and the Democrats will "take it easy on them."
I'm one to think if the Democrats win all 3 they won't do every thing they'll say they'll do. Why? You gotta keep the conflict going to drive votes for the next election.
Politician don't really care about you. Ya I'm sure a part does, but keeping that power, celebrity etc feeds the ego. They may even convince themselves they are putting us first but they don't. So they'll say enough, do enough, to keep you worked up to vote again in 2, 4, or 6 years.
This post was edited on 10/18/20 at 1:00 am
Posted on 10/18/20 at 12:45 am to EthanL
quote:
EthanL
Posted on 10/18/20 at 12:47 am to texridder
quote:
I wonder why Wall Street's campaign contributions to Biden are dwarfing those being made to Trump.
Really?
Posted on 10/18/20 at 1:04 am to L.A.
A 5% drop isn't even a dip buy
Posted on 10/18/20 at 2:44 am to texridder
The ones that get hurt are not the big money donating to Biden. They can afford to play either way.
Posted on 10/18/20 at 3:51 am to 9Fiddy
quote:I agree.
It’ll be way more that that IMO.
At a minimum we'd see retracement of the post-Nov16 election gains. Those 11% gains (Nov-Dec16) were the market's direct commentary on Trump vs Hillary(Biden) fiscal policy.
Posted on 10/18/20 at 6:15 am to L.A.
I don’t know much about the stock market. I really should. But it’s just not my forte. But that does not seem low. They seem very wrong. Biden is terrible for the economy
Posted on 10/18/20 at 6:21 am to L.A.
5% is being nice . It wouldn’t be surprised if it drop 15%.
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