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To: Rightproud

They just said on the news that the stock market will crash, starting tomorrow.


72 posted on 01/05/2021 11:04:47 PM PST by buffyt (La madre dei cretini é sempre incinta.)
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To: buffyt

What news source said that?


85 posted on 01/05/2021 11:22:01 PM PST by Coronal
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To: buffyt

“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.


93 posted on 01/05/2021 11:32:06 PM PST by SaxxonWoods (Donald J. Trump is the rightful President of the USA and his own party won't admit that.)
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To: buffyt

[They just said on the news that the stock market will crash, starting tomorrow.]


Dow futures are doing just fine.

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.


94 posted on 01/05/2021 11:32:36 PM PST by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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