Posted on 11/08/2020 6:29:12 PM PST by JerryBlackwell
Futures up 338 points for Monday's opening bell. Interesting trend with all the unresolved election anxiety.
Does the market already know that POTUS will have his 4 more years??
All they care about is the stimulus crap.
of course the market is going to skyrocket.
the new stimulus will be 4 trillion...at least.
IF biden wins and we don’t hold the senate (Praying every day that we do)
Rs that are happy about the shooting up market right now are short term are really missing the big picture that many, many trillions of debt are going to be added under biden.
possibly over 10 trillion in 4 years
Wall Street has completely and utterly sold out to China.
Think about how companies that used to be regarded as Conservative have completely adopted the SJW mantra.
Wall Street believes that they will be at the top of a globalist socialist one world government and they HATE President Trump.
We need to quit pretending that Corporations and “The rich” our are friends.
The welfare scum at the very bottom of the ladder and the “elite” at the top of the ladder both hate the rest of us in the middle.
It’s long past time that we stop protecting Corporations and the elite. They are not our friends.
I wouldn’t worry about the Senate too much. China Mitch would give Biden 90% of what he wanted. Amnesty, climate change, etc. The whole bowl of wax. BOHICA.
I said the same thing in post 4. I just wasted a lot of time typing to say the same thing :)
I know Rs who are thrilled about the market going up and they don’t give a #### about why.
Hey, you know what else?
I’ll get a decent percentage of the 1,200 dollars sent to me definitely!!!
Because 1,200 dollars is worth the future of this country.
When you’re in love, no amount of money can make you walk away from that person.
We are in love with our country.
To be bought off so easily shows that too many so called patriots are not patriots
Yeah, Fed $$ injections/”stimulus”, and the “gridlock play”. That reminds me...how is the GA senate race going I wonder? And John James in WI or MI??
Ya know the only big reason I really care?
They can stop the adding of SCOTUS justices.
If that’s absurd or bad logic please tell me.
So I can stop being concerned about those races and have less stress :)
You’re a smart guy so I figure your answer will cover it
If the dems steal enough seats in the senate run-off of 2 Georgia seats and ole Joe ends up with a dim senate, expect the markets to collapse and likely not recover.
Agree 1000%. Question is: what are we going to do about it? Myself, right now I’m thinking I don’t want to be associated with any political party that Mitt Romney is a member of good standing in. I just don’t want that stink on my family. That’s where I am at should the steal go through. Historic times we live in.
and making (or at least trying to make) DC a state.
I agree mostly.
But I know too many that are just thrilled about the market going up even though they are huge fans of Trump and supposed “patriots”
It takes LITTLE money to steal a man’s soul.
Is that in the Bible or can I claim it? :)
The hyenas on Wallstreet responding favorably to news that a moron might be prezzy.
We’ve been told our entire lives that the next election is the most important election ever. I’m just done getting hysterical about SCOTUS. The fact is the left very effectively bullies and/or cajoles SCOTUS to get what they want. They just don’t need to “pack the courts.” That’s all just red meat GOTV stuff. Democrats by and large get what they want from GOP justices and I don’t see that changing as long as Roberts is CJ.
If the dems steal enough seats in the senate run-off of 2 Georgia seats and ole Joe ends up with a dim senate, expect the markets to collapse and likely not recover.
I disagree. It’s par-tay time in the swamp. The Chamber of Commerce has a 4 year old to-do list for China Mitch or Schumer. Deals will be made that will make your head spin regardless or who controls the Senate. Look how accommodating McConnell was to Obama and that was with a GOP House. It would be MUCH worse with a Dem House and 4 years of MAGA obstruction to paper over.
Good argument.
Unlike Obama - Biden is aligned with the banks and DNC corps and the gossip on the street is that THOSE type of DNC people who’re going into positions of power. (Possibly why AOC wants out)
So - Trump they won, Biden they won. The only thing affecting the markets is the uncertainty because which side wins affects which corps get the money.
What do we do when we have to cut programs to make the debt interest payment?
No. The market WANTS divided government, gridlock. It will go up as long as we control the Senate.
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