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Why isn't the Stock Market moving for Biden like it did Trump
Posted on 1/21/21 at 1:39 pm
Posted on 1/21/21 at 1:39 pm
LINK
With 81M voters behind him why is the market lagging? I was expecting at least a 300 point gain after Biden's inauguration to blow Trumps 257 point gain after his inauguration day.
With 81M voters behind him why is the market lagging? I was expecting at least a 300 point gain after Biden's inauguration to blow Trumps 257 point gain after his inauguration day.
6
Posted on 1/21/21 at 1:42 pm to Lg
quote:
300 point gain after Biden's inauguration to blow Trumps 257 point gain after his inauguration day.
Akchoooaleee, even a 300pt gain today would be much less than 257pt gain 4 years ago.
Posted on 1/21/21 at 1:48 pm to Lg
I might be biased but I think the stock market is already inflated and any gains in the immediate future might be equally attributable to anticipated devaluation of the dollar as it is increase in valuation of the underlying companies
Posted on 1/21/21 at 1:49 pm to Lg
Posted on 1/21/21 at 1:50 pm to Lg
The stock market jump from Election Day until inauguration was the greatest in US History.
On another note, Corporate profits inflation adjusted are basically flat since 2008 while PE ratios have more than doubled. Trillions in fictional bailouts, no interest rates on savings and stock buybacks have elevated stock prices.
On another note, Corporate profits inflation adjusted are basically flat since 2008 while PE ratios have more than doubled. Trillions in fictional bailouts, no interest rates on savings and stock buybacks have elevated stock prices.
Posted on 1/21/21 at 1:51 pm to Lg
The whole market is bullshite.
FED pumps are never ending.
FED pumps are never ending.
Posted on 1/21/21 at 1:55 pm to Lg
There are 3,000 publicly traded companies. The DOW, while not irrelevant by any means, is barely part of the story.
There are 1,000,000 women-owned businesses in Texas alone, to put that in perspective.
Biden can crush the economy and the Dow can still go up. Especially when factoring in inflationary pressure from a loose fed policy.
There are 1,000,000 women-owned businesses in Texas alone, to put that in perspective.
Biden can crush the economy and the Dow can still go up. Especially when factoring in inflationary pressure from a loose fed policy.
Posted on 1/21/21 at 2:44 pm to boomtown143
It’s not really the FED to blame. It’s the government who keeps spending and spending. The FED is just the government’s support line at this point. If you take away the FED then the whole house of cards would collapse. I know what you’re saying though.
Now onto the markets. They’re going to keep going up bc interest rates are artificially too low. Look at real estate, art, guns and ammo, Bitcoin, etc. anything worth investing in is at all time highs right now. Until interest rates start to go back up then, most asset classes will continue to rise. Risk is being forced and rewarded.
Now onto the markets. They’re going to keep going up bc interest rates are artificially too low. Look at real estate, art, guns and ammo, Bitcoin, etc. anything worth investing in is at all time highs right now. Until interest rates start to go back up then, most asset classes will continue to rise. Risk is being forced and rewarded.
Posted on 1/21/21 at 2:47 pm to BiteMe2020
quote:
There are 3,000 publicly traded companies
There are way more than that. You're counting a slim counter number on NYSE/Nasdaq and I believe there are more than 5,000 of those.
This post was edited on 1/21/21 at 2:49 pm
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