I have a suspicion that Liberal billionaires will start dumping Nasdaq stocks they own any day, in hopes of a melt down of the market, including their very own super duper over inflated tech bubble stocks.
Some of us have retirement savings. Democrats really hate normal Americans!
The IRA just keeps skyrocketing. I never expected this during the China flu crap. Better news is we don’t have to spend it until I turn 72.
Now if Biden steals the election, I will probably wish I spent it.
TBH, I am getting worried about the stock market.
The Deep State needs to have a serious evaluation about what a Biden/Progressive government will do the financial underpinning of this country. They have not been the least bit shy about coming after the wealthiest people and institutions in America. What they could destroy in two years of full control of the federal government will never be repaired.
Let me preface this by saying I hope I am wrong.
I think the Democrats plan of last resort is massive confusion and lawsuits during and immediately after the election, culminating in an electoral college and Constitutional crisis with simultaneous civil unrest.
The higher the market goes prior to that the more spectacular the crash will look.
I think it is too late for this shananigans or mischief. I don’t think the fundamentals concur with such manipulation.
I’m of the mind they are running out of gas to throw out and influence the election. Even the deep state has a limited amount of power and damage that they can inflict. But that’s just me being optimistic perhaps. I think they blew their wad on the virus and didn’t expect it to recover until after the virus narrative was over. Just my opinion.
Good, now they can pick on stocks other than Apple (AAPL) in their attempts (unsuccessful) to drive down stock prices.
Their cheat by scheme is being thwarted. They were really counting on that.