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Stock market predictions if Joe wins?

Posted on 7/26/20 at 4:20 pm
Posted by oldskule
Down South
Member since Mar 2016
15476 posts
Posted on 7/26/20 at 4:20 pm
And what day will the bottom hit?
Trying to get ready to make some money if that idiot is elected....
Posted by CamdenTiger
Member since Aug 2009
62368 posts
Posted on 7/26/20 at 4:22 pm to
Pain........
Posted by NineLineBind
LA....no, the other one
Member since May 2020
6874 posts
Posted on 7/26/20 at 4:24 pm to
Posted by Knight of Old
New Hampshire
Member since Jul 2007
10960 posts
Posted on 7/26/20 at 4:26 pm to
It would jump a little Initially (like 250 and the MSM would act like it was a record-breaking surge), and then begin a prolonged spiral downward as reality set in...
Posted by Grooler
USA
Member since Dec 2009
484 posts
Posted on 7/26/20 at 4:26 pm to
Raising the corporate tax rate to 28% definitely would not improve valuations. Nor would implementing a minimum corporate tax rate, like he’d do to Amazon. Of course, he can’t do this by executive order, so the impact on the market also depends on the political balance in Congress.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70838 posts
Posted on 7/26/20 at 4:28 pm to
Stock market did OK under Obama.

Large corporations usually find a way to win.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45703 posts
Posted on 7/26/20 at 4:33 pm to
I see a spiral downward as reality hits. Biden's bullshite will take 20 years if ever to recover from. I likely will be completely out of the market before the election.
Posted by oldskule
Down South
Member since Mar 2016
15476 posts
Posted on 7/26/20 at 4:35 pm to
Agreed, but that was after it plummeted thousands of points quickly. If you can find the Biden bottom, you can make some bucks....
Posted by Feelthebarn
Lower Alabama
Member since Nov 2012
2355 posts
Posted on 7/26/20 at 4:37 pm to
Even bonds wont be safe lol. frick us all if we elect a socialist. The Democrats don't exist anymore
Posted by Bass Tiger
Member since Oct 2014
45961 posts
Posted on 7/26/20 at 4:49 pm to
quote:


Stock market did OK under Obama.

Large corporations usually find a way to win.


True. There is a significant difference with the market advances under Obammy vs Trump. Obammy’s economic policies overall were detrimental to economic growth but due to the financial crisis of 2008/2009 the economy was juiced with ZIRP and Quantitative Easing.....Obammy had no say so in those fed policies but he did get undeserved credit when the markets began to recover and unemployment began to drop. Essentially Obammy kept his yapper shut and the Fed printed money.

Before the COVID19 economic contraction Trump’s economic policies were truly pro growth as evidenced by tax cuts/reforms, slashing government regulations that restricted growth in some sectors of the economy. Trump encouraged American corporations to return to the US so America could strengthen it’s domestic economic production while bringing thousands of jobs back to America.

Biden will undoubtedly return to Obammy era economic policies which will result in a Obammy “new normal” GDP of 1-2 % in good years.
Posted by OccamsStubble
Member since Aug 2019
4924 posts
Posted on 7/26/20 at 4:58 pm to
I know what happens if Trump wins: It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

Frankly, I find it hard to care much. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.

Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.
Posted by Tiger on the Rag
Cattle Gap Egypt
Member since Jan 2018
6819 posts
Posted on 7/26/20 at 5:03 pm to
There was no way but up for obama. Biden wins eauals market downturn. Could be the end of America.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 7/26/20 at 5:26 pm to
Straight to mid March levels
Posted by HC87
Coastal NC
Member since Dec 2014
4536 posts
Posted on 7/26/20 at 5:29 pm to
Up 1100 points on the day after Super Tuesday. Relieved it was not Bernie, but not scared of Biden.
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