They just said on the news that the stock market will crash, starting tomorrow.
What news source said that?
“They just said on the news that the stock market will crash, starting tomorrow”
Stock futures trading is mixed and boring, DOW up about 100 points, S+P500 is flat, Nasdaq down about 1%.
For now Pffht.
[They just said on the news that the stock market will crash, starting tomorrow.]
https://www.cnn.com/business/markets/premarkets
A Democrat Senate majority without the filibuster, a union with 52 states and a Supreme Court with 15 judges means a wide open throttle. Zimbabwe’s stock exchange is up 65x since 12 years ago.
https://tradingeconomics.com/zimbabwe/stock-market
I doubt the spending will be anywhere near that high, but you can expect fresh stock market highs for the next several years, as inflation re-asserts itself. That’s why stock markets go up during Democrat administrations. The dollar’s value goes down, so prices adjust upwards - not just of goods and services, but of long-term assets like stocks and real property. Anyone currently holding long term bonds, however is due for a haircut, since interest rates are about to go up.