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Message
re: Exit strategy if Biden is elected.
Posted on 7/8/20 at 9:48 am to rocket31
Posted on 7/8/20 at 9:48 am to rocket31
quote:
with that said, there might be a dip or buying opportunity in anticipation of a biden election. but historically dem elections have not been bad for the market
I’m not disagreeing and I wouldn’t change how I invest regardless of who wins
1
Posted on 7/8/20 at 9:49 am to windshieldman
i think ill go cash gang for a bit leading up to it
Posted on 7/8/20 at 11:38 am to SDVTiger
quote:
If he reverses the tax cuts you think that will be a positive and the market wont react
right. yeah let's get back to high job killing taxes, job killing RECORD regulations, record number on food stamps, record low rate of labor participation since carter, 1.8% GDP over his 8 years, open borders, etc.
hell we are stuck with unaffordable obamacare now.
Posted on 7/8/20 at 10:01 pm to ItzMe1972
No, typically the market dips for a bit right after the election making a fantastic opportunity to buy low.
Do that and keep riding.
Do that and keep riding.
Posted on 7/8/20 at 10:17 pm to Fat Bastard
quote:
right. yeah let's get back to high job killing taxes, job killing RECORD regulations, record number on food stamps, record low rate of labor participation since carter, 1.8% GDP over his 8 years, open borders, etc.
hell we are stuck with unaffordable obamacare now.
exactly. Dude even admits there will be a dip but previously claimed nothing would happen Posted on 7/9/20 at 12:09 am to rocket31
quote:
but please explain to me why biden would be bad for the markets (this will be amusing)
Why would it be amusing? Oh let me guess you are one of those democrats that think you are smarter than everyone else, amirite?
Surely then, you are smart enough to realize that taking away the corporate and income tax cuts the Trump administration passed to pay for the inevitable entitlement programs Dems love would be bad, right?
You do realize that unemployment under this administration was the lowest it has been since 1944 right?
You do realize that more garbage fiscal policy does nothing but further risk our children and grandchildren’s futures, right? Obama managed to double national debt in 8 short years, is that comical? (Trump is failing in this category too btw).
I’m not a fan of Trump in particular, but you cannot deny his economic policy. To sit back and act like that assclown Obama and his policies were good for this country in any way, or were beneficial to the people who make this country go is quite comical, arrogant and pompous all wrapped up into one.
Obama 2.0? No thanks. Signed, those of us that pay out the arse now for healthcare, and actually pay taxes.
This post was edited on 7/9/20 at 12:22 am
Posted on 7/9/20 at 3:09 am to tissle
quote:
the amount of the politards leaking on the other parts of the board is getting to be too much. I much prefer if the lunatics there just stayed there.
Posted on 7/9/20 at 8:58 am to ItzMe1972
This biggest socialist move in my lifetime was president trump sending out $1200 to most of the american working class. That was LITERALLY socialism.
Posted on 7/9/20 at 8:59 am to ItzMe1972
Yeah dude. Take out all your money. Good idea.
I'll be enjoying my annual gains and you'll be losing money to inflation. Solid plan!
I'll be enjoying my annual gains and you'll be losing money to inflation. Solid plan!
Posted on 7/9/20 at 9:42 am to LSURN98
quote:
taking away the corporate and income tax cuts the Trump administration passed
You will pay for the state and local and federal deficits either through inflation or taxation. Let them raise rates and completely stop the velocity of money, it won't raise tax revenue.
Posted on 7/9/20 at 10:20 pm to rocket31
quote:amazing how oblivious some of you are. Biden would be coming in under vastly different circumstances. The market will come back, but there will absolutely be a big drop if Biden wins, not that it is remotely likely.
biden is pretty much Obama 2.0, the market will not blink an eye with him as president
Posted on 7/10/20 at 6:31 am to arcalades
quote:
amazing how oblivious some of you are.
quote:
not that it is remotely likely.
the irony here. And that kind of mentality may hurt Trump's voters turnout. Biden winning is more of a reality than any of us would like to admit. Just look at the betting sites. If you're that confident you can make a ton of money spreading your bets between multiple betting sites.
With that being said, I think once the debates start, uncle Joe will self-drstroy.
Posted on 7/10/20 at 6:56 am to castorinho
(no message)
This post was edited on 4/10/23 at 4:03 pm
Posted on 7/10/20 at 8:26 am to ItzMe1972
Ops I didn’t realize I was on the poli board.
Posted on 7/10/20 at 9:30 am to tigersfan1989
quote:
Ops I didn’t realize I was on the poli board.
I don’t post on polo board. But it amazes me how stupid some of you are not to realize that political policy has a profound effect on the stock markets, and basically everything financial.
Newsflash, that is related to your “money”. The two are interconnected an hence, relative to this board. If you don’t like it, don’t click on the thread.
Posted on 7/10/20 at 9:31 am to ItzMe1972
I’ll probably put everything into krugerrands and stop working and find a way to get on welfare
Posted on 7/10/20 at 9:49 am to LSURN98
lol trump wants to print more than Dems dude. he just said so. both parties are arguing who going to print more money on next stimulus. take your head out your arse and realize neither is on your side
Posted on 7/10/20 at 10:00 am to Mr Perfect
I’m well aware neither are in “our” side. But I can spot the least of 2 evils, and the devil is currently the democrat party.
Posted on 7/10/20 at 10:00 am to LSURN98
quote:
But it amazes me how stupid some of you are not to realize that political policy has a profound effect on the stock markets, and basically everything financial.
Get back to me when a policy rolls through that hurts big business
They can raise all the tax rates they want. It will be a one time haircut on earnings and then the higher rates will flow through to the customer via price increases. Actually it would INCREASE buybacks more than likely.
Edit: A biden win could lead to a break up of big tech. Can ya'll imagine how many millionaires AWS would create?
This post was edited on 7/10/20 at 10:02 am
Posted on 7/10/20 at 10:08 am to wutangfinancial
Airline regulation hurt big business, big time. You should read a book on the effects of government regulation on the airline industry, it’s fascinating.
Last I checked Amazon was being wooed on its second headquarters with a plethora of local state and tax breaks-essentially nothing. Don’t think that mattered to them?
If you believe that businesses pass on every dollar they pay in taxes to consumers in the form of price increases, you are not only wrong but naive as well. Furthermore, that is a finite strategy because eventually you will price yourself out of the market, especially when higher taxes on consumers limits disposable income.
Last I checked Amazon was being wooed on its second headquarters with a plethora of local state and tax breaks-essentially nothing. Don’t think that mattered to them?
If you believe that businesses pass on every dollar they pay in taxes to consumers in the form of price increases, you are not only wrong but naive as well. Furthermore, that is a finite strategy because eventually you will price yourself out of the market, especially when higher taxes on consumers limits disposable income.
This post was edited on 7/10/20 at 10:35 am
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