dont put all your eggs in this scheme
A Democrat victory would put a quick and decisive end to all this upward movement.
What is that, oust Trump attempt gambit 11?
14?
What will be next?
.
Never dreamed it would be back up to where it was....and I’m sure the Dems are saddened.
This is, to me, fairly amazing...
Just three months ago, they were all out there chortling that us diehard stock market investors were getting our "comeuppance" and bragging on how they were smart enough to dump all their stocks on the VERY DAY before the so-called "Chinese virus" caused those stocks to come tumbling down and convert it all to GOLD!
I don't know about the gold. If ever the economy did truly collapse and everybody with stocks and money in the bank were truly bankrupt and walking around naked with sandwich boards for clothing, how would the gold misers pay for their eggs, pistachios and cheese? Would they go down to the local supermarket, slam a gold bar on the counter and demand their eggs, pistachios and cheese?
How would the baffled cashier make change for a bar of gold when you are just there for eggs, pistachios and cheese?
These markets are some pretty amazing things.
The resilience baffles me at times.
Meanwhile Barrons had this headline today: “The Stock Market May No Longer Care If Trump Wins the Election”. That’s one way to look at it, I suppose.
Somehow, I don’t think Biden’s promise to repeal the Trump tax cut, increase taxes, etc. etc. will do the stock market any favors if, God forbid, he’s elected.
S&P500 is ahead compared to Jan 1, but it is still down from the peak of 3,393.52 for the year.
I happened to look at my portfolio at the 2020 peak in February and I am still down .5% from the peak.
Those senators doing insider trading must be feeling pretty stupid.
They market is setting us up for a huge correction in September and October. The economy sucks. Even Jim Cramer said this was all wrong and seems to be a set up for failure.
Dems deeply upset....
Democrats saddened !!