Posted on 11/02/2018 12:53:27 PM PDT by reed13k
RED WAVE, BLUE WAVE: What could happen to markets if Republicans win big or lose big on Tuesday Scenario 1 (Most likely): Democrats take control of the House, while Republicans keep a slim majority in the Senate Scenario 2: (Second most likely): GOP holds control of both chambers Scenario 3: (Least likely): Democratic sweep
Dems win the House... Market goes crashy highly.
Then you’ve put your money where your mouth is.
Good for you, and I pray you’re right. I’m not well versed enough to know what will happen, or what will be the impact on the markets. I’m just white knuckling at this point.
If the Republicans lose we will hit the streets and burn down our neighborhoods.
That should fix it.
Earnings have been goosed by the tax cut.
The money that was previously going to be sent to the treasury is used for stock buy-backs, acquisitions, paying out dividends, and capital investment (”organic” growth).
The big questions are tariffs, possible recession, Fed interest rate hikes to contain inflation, and the huge federal annual deficit. The election might influence tariffs, but will not much influence on the other three factors. Therefore, I don’t expect the election to have much impact on the markets.
Red, White, and Blue are colors of freedom..................
Unless they are flashing on top of the car that just pulled you over...
Ditto.
Repubs win house, huge upturn.
I have had the feeling the recent pull back was been due to uncertainty on what is going to happen.
I think the reduced risk of legislation that could impact the economy with a Republican win is going to eliminate the majority of that uncertainty and allow for those who pulled money out to put it back in.
Course Wed I could be crying in my wheaties...but I have faith in the american people to do the right thing.
Most likely. If the Rats do take the House it will be by a couple of seats which may be better for us than if they hold it by a couple. Think 2020 and coattails.
But it is at the state level that Repubs must win too, because those at the state level will be in charge, more than likely, of the 2020 redistricting, which directly effect the make-up of the House in DC.
I was with you up until “I have faith in the American people to do the right thing.”
I had that faith in 2008. There was NO WAY we would elect an ignorant communist to the presidency.
Then, in 2012, I figured there was ABSOLUTELY NE FREAKING WAY the nation would repeat that mistake.
Never overestimate the intelligence of the American electorate.
I think we’ll be ok there as well. Better then any current news/poll is predicting anyway.
The odds in the House are close to 50-50, maybe with an edge to Republicans based on early voting patterns.
I hope so because Florida’s governor race is a concern.
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