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re: Exit strategy if Biden is elected.

Posted on 7/13/20 at 11:28 am to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11096 posts
Posted on 7/13/20 at 11:28 am to
quote:

There isn't any debt to buy


What exactly does this mean?
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 7/13/20 at 11:30 am to
quote:

be fun to bump this thread in a few years


why don't you tell us why genius? can't stand soys like you. all bark zero substance

what do you think will happen to market big guy
Posted by SlidellCajun
Slidell la
Member since May 2019
10398 posts
Posted on 7/13/20 at 12:58 pm to
I am torn

I think Biden could wreck the work that Trump has put in but then I know that a Democrat presidents tend to get such great press that the markets historically respond positively. Markets low free money too and Democrats print it with the best of them.

I also know that periods following pandemic-epidemic and be extraordinarily positive for markets and society as a whole. You could have a demented monkey at the helm and things go well. Biden isn’t nearly as bright as a demented monkey so that’s worrisome but I still think he’d be given such a free ride by the press that it would be hard for the markets to respond negatively
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 7/13/20 at 1:38 pm to
Retail investors don't want .5 percent on debt products... Bonds, CD, treasuries, munis.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11096 posts
Posted on 7/13/20 at 3:41 pm to
Who cares what retail is doing? Institutions are pouring into money market mutual funds and bonds right now.
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 7/13/20 at 4:31 pm to
Because retail is how I make a living in the retail world and older investors are taking on more and more risk. That bubble will pop eventually. Institutions always buy during decreasing rates because they can't lend money out to make anything. Now is a helluva time to be hustling credit products to institutions. Just like the last time we saw rates dip.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11096 posts
Posted on 7/13/20 at 4:42 pm to
quote:

Institutions always buy during decreasing rates because they can't lend money out to make anything.


The primary dealers aren't just taking cash from the Fed and buying shares. It's Vanguard and Blackrock and corporate buybacks pushing up valuations because their clients (not including buybacks here) do not have price as a parameter to buy and the active money is mostly flowing to passive as they underperform. There's no net selling.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 7/13/20 at 4:47 pm to
quote:

quote:

I think everyone is going to Australia where there's a strong right to bear arms, low tax rates and no socialized medicine.

Sorry, you’ll have to find another refuge, because Australia has had universal health care since at least 1984 ( LINK) and all firearms must be licensed, among many other gun restrictions enacted after the horrific Port Arthur massacre.

Plus, Australia literally allows purchase of citizenship: business or real estate investment of a certain amount gets you citizenship. It is a safe haven country for wealthy Chinese and other SE Asians who fear the stability of their home governments, So it’s an incredibly diverse place full of immigrants.....



I forgot that on TD I needed to type /SARCASM at the end.
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
13551 posts
Posted on 7/13/20 at 5:21 pm to
Biden alone wouldn't be a problem, it's Biden with a Dem controlled house and senate that would be a problem. The markets would have to adjust rapidly to position for that.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11096 posts
Posted on 7/13/20 at 5:31 pm to
Go check out his tax plan. It's completely absurd as written but it would pass in a Congress ran by Dems in both houses.

Most of it appears to be unconstitutional but we all know that doesn't matter anymore.
This post was edited on 7/13/20 at 5:31 pm
Posted by ItzMe1972
Member since Dec 2013
9800 posts
Posted on 8/13/20 at 8:15 am to
Anyone making defensive pre-election moves?
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 8/13/20 at 12:36 pm to
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


I was on the outdoors board the other day and someone was posting that Biden will ban all recreational fishing. It seems like a desperate attempt to influence voting. “The I’m gonna move everything to cash” incel has neither stocks or cash.
Posted by FinleyStreet
Member since Aug 2011
7901 posts
Posted on 8/13/20 at 12:38 pm to
quote:

Anyone making defensive pre-election moves?


Like what? What changes if Biden's elected? Yes, his tax policy kind of blows, but not enough to cash out and stick everything under the mattress.
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 8/13/20 at 12:45 pm to
Biden and Kamala will print print print. that mean stocks will rise bigly. few understand. cash gang will get rekt my guy if biden is elected
Posted by SlidellCajun
Slidell la
Member since May 2019
10398 posts
Posted on 8/13/20 at 2:20 pm to
Unfortunately this is correct

The market loves cash running wild through the system and nothing is better than freshly minted greenbacks

It pumps up the economy and generally ends up back in the hands of the smartest amongst us

Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 8/13/20 at 2:32 pm to
Until it’s stolen by the government
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 8/13/20 at 2:47 pm to
very true my guy

Kamala want to print $2k ubi for everyone until pandemic over.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71048 posts
Posted on 8/13/20 at 2:50 pm to
If you're close to retirement and counting on your portfolio to support you, don't wait for the election. Cash out now.

If you're a long way from retirement stick it out, because if Biden destroys the stock market permanently, you're screwed anyway.
Posted by Jag_Warrior
Virginia
Member since May 2015
4089 posts
Posted on 8/13/20 at 3:47 pm to
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.




Watching emotionally driven investors is so much fun though.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35315 posts
Posted on 8/13/20 at 9:48 pm to
quote:

Biden destroys the stock market permanently


Jesus
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