Posted on 11/08/2020 11:56:09 AM PST by devane617
I have said for a while if Biden is elected the stock market crashespossibly the biggest ion depression ever. I still think the bottom falls out of the economy.
How much are they down right now. I see -66 at Yahoo. I’m not sure that’s right.
Since many in tech are ultra-rich liberals, I’m sure they can manipulate the markets to be higher with Biden as POTUS. China too. Also consider that most conservatives won’t take the hit to their net worth to make a point, a vast majority of them will not damage the markets on purpose.
The stock market loves divided government, which is what they think they got.
When the communists steal Georgia Senate seats, pack the Supreme Court, admit the states of D.C., Puerto Rico and Samoa, reverse Heller and raid Manhattan condos, “Wall Street” will sell and run.
Notice that they waited until Saturday when the Market was closed to call the election. They did that because the did not to shock all the investors that on Friday thought for sure that the election would be called for Trump.
The Markets do not like surprises and that fact will be exposed when the Markets crash on Monday. Expect a 10000 point drop in the DOW.
The market knows how to make money no matter who is in charge, it only fears uncertainty. It went up during Obama’s stagnant economy, you just may have to pick different players. Anyone who can now move operations back to China, like automakers, will see higher profit.
I agree, also Biden is a Globalist, not a Nationalist, which also aligns with Wall Street. Selling out to China is bad for American, but businesses love it.
Biden can do nothing and benefit from Trump's tax cuts, trade deals, and Operation Lightspeed vaccine.
It is a cruel twist of fate that Trump has set up Biden to succeed, as long as Biden does nothing. If Biden gets a Democrat senate, then all bets are off.
They open at 6 PM. As long as the Senate stays R, it will be fine.
The stock market drops when the recounts and USSC cases start and it appears the election wont be stolen. Thats when the uniparty unleashes their thugs and the insurrection begins. After this threat ends, one way or the other the market will stabilize. There are plenty of globalist investments that will do quite well. The market did well under Obama, the American worker, not so much.
Notice that they waited until Saturday when the Market was closed to call the election.
Also allowed for the usual talking head Sunday shows so they could get sound bites from chucks like Romney priding Trump to concede.
This whole thing is so obviously orchestrated, its like the old CIA playbook where they interfere with an election in a foreign country to topple someone they dont like. Hmm. Come to think ok it...
That was Friday’s closing
The market might have a slight pull back on Mon. (-500 on the Dow), but I don’t expect any big crash. Too many ultra rich liberals and liberal money managers are in it that won’t pull out because of a potential Biden presidency.
Conservatives won’t pull out as long as the market doesn’t start slowly going down over time which is what I expect to happen with a Biden presidency.
Thanks. I should’ve known that.
Short term higher market with the yuge spending with printed money.
If printing money was the way to prosperity Zimbabwe, Argentina and the third Reich would be super powers.
By fall 2022 the biggest crash coming. There will be no safe haven. Even gold was cheap during 1930’s. And start learning Mandarin.
Market is very overvalued and is totally unconcerned about real earnings, its just like an addict that needs another fix, whether its interest rate cut or just cash dumping.
As long as those 2 things occur forget everything else.
The other question to ask yourself is how much will I get to keep. Since all things past will be rewritten by the new MARXICRATS.
When they will simply steal every election, moderation is no longer needed.
And if you disagree with me you’re a Nazi Racist.
It depends on who controls the Senate.
It definitely hasn’t behaved as I expected, the way it’s gone up with Biden in the lead.
My only rationale for that is that the people that have been pulling and are going to pull Biden’s strings are Wall Street all the corporate donors and not the insane left and the big hedge funds that control the movement of the market know that.
Of course they’ll have to throw some crumbs to the rabid leftists just to keep them at bay.
The reason the stock market didn’t collapse is that Trump wasn’t repudiated.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.