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Stock Market
Posted on 8/30/20 at 12:27 pm
Posted on 8/30/20 at 12:27 pm
Will it totally crash on 11/4 if Biden somehow gets elected? I don’t see him winning, but if he does the amount of wealth that will be gone that day will be record breaking.
Do people that support lawlessness understand what type of economic carnage will occur?!
Do people that support lawlessness understand what type of economic carnage will occur?!
10
Posted on 8/30/20 at 12:28 pm to MEANGREEN65
It'll be economic Armageddon.
Posted on 8/30/20 at 12:34 pm to MEANGREEN65
You might see some pull back, but I don't see a massive drop.
Posted on 8/30/20 at 12:37 pm to tenderfoot tigah
quote:
You might see some pull back, but I don't see a massive drop.
Why wouldn't it?! His tax plan is horrendous. And will try to undo all the good that Trump has done with cuts and deregulation.
Posted on 8/30/20 at 12:38 pm to bayoumuscle21
I’m pull all my assets out of he wins, let it tank and buy back in
Posted on 8/30/20 at 12:39 pm to MEANGREEN65
The stock market most always recovers no matter who the president is.
Posted on 8/30/20 at 12:42 pm to MEANGREEN65
Didn’t it drop like 700 pts after Trump won?
Posted on 8/30/20 at 12:50 pm to lsursb
quote:Buying opportunity. I will have half of my investments cleared and liquid.
Didn’t it drop like 700 pts after Trump won?
Something to consider: when the S&P 500 has risen in the three months before an election, the incumbent party generally has gone on to win the White House. When it has fallen, the incumbent party has generally lost.
Since 1928, this trend has been broken just three times and not since 1980.
Of Note: on August 3rd, the S&P was at 3294.61. That's your benchmark. You could also use the Dow on August 3rd as a benchmark. On August 3rd it was 26,224.40.
This post was edited on 8/30/20 at 12:54 pm
Posted on 8/30/20 at 12:56 pm to MEANGREEN65
Lawless people don't care about money.....they get it free from the government 1st of every month!
Posted on 8/30/20 at 12:56 pm to MEANGREEN65
Per Paul Krugman, it will crash again, just like it did after the election of 2016
Posted on 8/30/20 at 1:07 pm to lsursb
quote:
Didn’t it drop like 700 pts after Trump won?
Why don't you look at the 5 year chart so you don't say things like this?
Posted on 8/30/20 at 1:08 pm to MEANGREEN65
Taxes, regulations, massive gov't spending...
The stock market will collapse like 2008.
The stock market will collapse like 2008.
Posted on 8/30/20 at 1:13 pm to MEANGREEN65
If Biden wins the biggest concern will be confiscation of your assets regardless of stock market performance
Posted on 8/30/20 at 1:14 pm to MEANGREEN65
I'm cashing out. My folks are cashing out. Everone is going to cash out
Posted on 8/30/20 at 1:20 pm to lsursb
No, it was dropping precipituosly in the lead-up to the election because everyone thought Hillary would win and then exploded upwards the day after.
IMO opinion the market will go even higher if Biden wins. The only thing keeping it propped up post-Covid is the trillions$ being pumped directly into the market by the Fed to keep it from crashing. If Biden wins he'll only increase that and the market knows it.
IMO opinion the market will go even higher if Biden wins. The only thing keeping it propped up post-Covid is the trillions$ being pumped directly into the market by the Fed to keep it from crashing. If Biden wins he'll only increase that and the market knows it.
This post was edited on 8/30/20 at 1:25 pm
Posted on 8/30/20 at 1:21 pm to MEANGREEN65
Yes it will crash hard, because the only way they will win is by cheating and it will be obvious . People will riot in the streets and shite will get bad , really bad .
Posted on 8/30/20 at 1:30 pm to MsGarrison
quote:
The stock market most always recovers no matter who the president is.
The market will be OK unless we go full blown socialist. That is the direction we are headed if Biden becomes President.
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