After Trump predicted a market crash if Biden wins, Dow hits 30K

Discussion in 'Politics' started by Pekelo, Nov 24, 2020.

  1. Pekelo

    Pekelo

    wrbtrader and userque like this.
  2. Ricter

    Ricter

    Inb4 "this is the market pricing in a future republican president".
     
  3. VEGASDESERT

    VEGASDESERT

    Its pricing in a Georgia gop senate sweep.

    If not, then you'll see your market crash. -25%
     
  4. Ricter

    Ricter

    The market is pricing in Biden stimulus and relief packages.

    Occam's Razor ftw.
     
  5. DTB2

    DTB2

    This a vaccine bump. Trump's Warp Speed vaccine development program.
     
  6. UsualName

    UsualName

    The markets are pricing in a lot but right now it’s Yellen and her easy policies, coupled with Trump supports (in practice) these policies. And if Trump supports easy money policies then the Republican Party will have to as well. So easy street for a while.

    If Biden does something with student loans there will be a housing boom, too. Expanding home ownership means prolonged middle class wealth growth.
     
  7. Ricter

    Ricter

    Yeah, like no company would have worked on a vaccine unless there was a president Trump.
     
  8. Ricter

    Ricter

    We've had easy Fed policies since the Great Recession, tho. They're pricing in "no change", then?
     
  9. DTB2

    DTB2

    Of course they would have and they'd still be working on it to get through all the red tape. Don't be such a fool.
     
  10. Ricter

    Ricter

    Red tape? The vaccine candidates out there now are being tested, as is required. So it's still a wash, loon.
     
    #10     Nov 24, 2020
    Tony Stark likes this.