Posted on 11/04/2008 7:56:48 PM PST by Little Pig
The election was bound to impact stock markets worldwide tomorrow. Now that it's becoming evident that the next president will be a Democrat, it's almost a sure bet that the US market will be down tomorrow, whereas the Euro markets will be up.
It won’t be as bad as it would have been if we lost the filibuster.
The market has already discounted BHO’s victory. No impact.
I predict the market will be down by 900 points. Wall Street knows that hundreds of Billions of dollars will start flowing out of the US to avoid being taken by Obama
Futuers are up slightly.
I disagree.
The markets will recover and Dow will go back to 10,000. The Soroses of the world have accomplished their mission and manipulated the financial markets to get their pawn elected President. It’s a little curious that the stock market almost crashed 1 month prior to the election.
Should I buy gold?
Nahh the market will go up. They know the Crats will bail out all the big companies with unions.
“The market has already discounted BHO’s victory. No impact.”
ditto
Better sell before 2010 when the capital gains tax rates go back up!
Market has been oversold for the past couple of weeks. It will be up tomorrow.
BTW, if they re-introduce the rairness doctrine, would satelite radio (SIRI) be a good investment?
Oil, big pharma and insurance are out as is WalMart. Auto might be a cheap buy.
I don’t think there’ll be a negative impact. In fact, the losses we have had is because of the direction we were headed. The market will be very happy tomorrow because they will know where they stand and what they have to deal with. The market doesn’t like uncertainty and now that uncertainty doesn’t exist anymore. Look for it to go up a lot.
No outside influence pushes it higher. I’m sorry Grandma.
Agreed. Sell the California property, take the money and run before BO steals it
I don’t think the market will be down in the short term. The market is sensitive to uncertainty, so anything but a cliffhanger win is ‘good’ for the market (in the short term).
But in the long term it’s very gloomy as corporate taxes go up.
I’m torn over whether to liquidate it all now — definitely this year, to avoid the bigger capital gains next year.
The market will be up tomorrow. Relief over the madness ending. A 2 year election cycle is total madness.
But, eventually the market will crumble with a socialist in the White House.
No, Wall Street prefers certainty over uncertainty. The big recovery started in March 2003, when Bush told Hussein he had 72 hours to get out of Iraq. At that point, we were no longer uncertain about it. We were going to invade Iraq and we all knew it. And the stock market took off like an F-15.
No matter who wins, the market will do well tomorrow. Mark my words. Tomorrow night, I’ll meet you here and you’ll admit that I was right.
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