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PEEPO
Member since Sep 2020
367 posts

re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
Then these idiot companies should stop donating billions to Democrats who want to tax them to death.


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Pelican fan99
New York Yankees Fan
Lafayette, Louisiana
Member since Jun 2013
22971 posts
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re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
I mean 5% is really nothing. I would think it would be way worse than that


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geauxpurple
LSU Fan
New Orleans
Member since Jul 2014
5061 posts

re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
5%? It can drop 5% for any reason or no reason at all.


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texridder
TCU Fan
The Woodlands, TX
Member since Oct 2017
10093 posts

re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
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.


Teddy Ruxpin
LSU Fan
Member since Oct 2006
34905 posts
 Online 

re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
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.
This post was edited on 10/18 at 1:00 am


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DMAN1968
Member since Apr 2019
2504 posts

re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
quote:

EthanL



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Errerrerrwere
LSU Fan
Member since Aug 2015
29690 posts

re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
quote:

I wonder why Wall Street's campaign contributions to Biden are dwarfing those being made to Trump.



Really?


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Yak
Chicago Cubs Fan
DuPage County
Member since May 2014
4063 posts

re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
A 5% drop isn't even a dip buy


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AUCom96
Auburn Fan
Alabama
Member since May 2020
386 posts

re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
The ones that get hurt are not the big money donating to Biden. They can afford to play either way.


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NC_Tigah
LSU Fan
Carolinas
Member since Sep 2003
101906 posts

re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
quote:

It’ll be way more that that IMO.
I agree.
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.


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904Jake
Jacksonville, FL
Member since Oct 2020
90 posts

re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
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


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tjv305
Florida Fan
Member since May 2015
8551 posts

re: Wall Street chief strategist says a Biden blue wave could spur a 5% drop in the S&P 500
5% is being nice . It wouldn’t be surprised if it drop 15%.


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