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Taking bets on Q3 GDP number (due tomorrow) vanity
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| jdsteel
| jdsteel
Posted on 10/28/2020 1:16:34 PM PDT by jdsteel
Preliminary Q3 GDP is due on Thursday. I have heard estimates it will come in at a whopping 30% to 35% (annualized), making it one of if not THE biggest quarterly GDP in US history.
TOPICS: Business/Economy
KEYWORDS: chat; gdp; vanity
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To: octex
No, historically because of the money spent on campaigning that flows into the economy, the market goes up prior to the elections. Then, afterwards, it goes down.
41
posted on
10/29/2020 4:55:26 AM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: LS
Sell on the news.
A Trump win has already been discounted by smart money.
42
posted on
10/29/2020 10:04:48 AM PDT
by
nathanbedford
(attack, repeat, attack! Bull Halsey)
To: nathanbedford
I think so, but also realize they KNOW that a Trump victory will be, in the short term, massive chaos.
43
posted on
10/29/2020 10:42:54 AM PDT
by
LS
("Castles made of sand, fall in the sea . . . eventually" (Hendrix))
To: ScottinVA
“25% and the Dow will continue to drop like a rock.”
Better luck next time. I know...we were all guessing.
44
posted on
10/29/2020 11:55:16 AM PDT
by
jdsteel
(Americans are Dreamers too!!!)
To: jdsteel
Better luck next time. I know...we were all guessing. Thanking God for that!
45
posted on
10/29/2020 12:12:28 PM PDT
by
ScottinVA
(First, letÂ’s deal with the election; then weÂ’ll deal with BLM.)
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