Biden drops out

Discussion in 'Politics' started by tradertweets, Jul 21, 2024.

  1. mervyn

    mervyn

    it is worth the watch.

    you may not like her but she can debate well as a former senator. trump just muffle through and makes no thoughts.
     
    #11     Jul 21, 2024
  2. p0box4

    p0box4

    Well, I would think that if he isn't fit to run for election in 4 months time then he most likely also isn't fit to remain president ...

    Not that I want Trump to win, it's hard to believe that a nation with over 300 million people couldn't come up with anything better, but I hope that everyone who is truthful can admit that Biden shouldn't be in that office anymore, for a while already.
     
    #12     Jul 21, 2024
    Relentless, punktrader and mervyn like this.
  3. S2007S

    S2007S



    Just because the last term implied higher equity prices does not mean this time around its the same.

    Too many are focused on seeing the same exact 4 years we had previously under his presidency but this second time around it could be extremely different ......
     
    #13     Jul 21, 2024
    Picaso likes this.
  4. flash crash

    flash crash

    Right back at ya
     
    #14     Jul 21, 2024
  5. Right.

    That's why I wrote that I speculate, that first we may see a (short) bullish phase,
    either only before or during election days / transition phase,
    but then sooner or later a more bearish scenario,
    as money supply is way out of avg. boundaries,
    and no matter Trump or a Democrat, they cannot let this matter drift in front of them for a much longer time.

    When it comes to export policies, you can expect that usual up and down
    (maybe first tariffs, then treaties...).

    Will be an interesting trading time for sure,
    but maybe not as bullish as it was before.
     
    #15     Jul 21, 2024
  6. Q.E.D.

    Q.E.D.

    Most may not remember, but when Trump elected in 2016, the immediate action was SP futures dropped the limit, & DOW futures declined about 800 points.

    SP futures were locked limit down I think at least a few hours, but rallied during the night, & then higher.

    This time, it is far less certain, either up or down, as both Trump & Biden have made all kinds of promises to buy votes.

    The mkt has been declining assuming Biden will drop out, so tomorrow could be a toss-up.

    But polls will fluctuate, & mkts react to every change.

    But bottom line: both parties will massively increase the debt, which will not be good for anybody.
     
    #16     Jul 21, 2024
    Picaso likes this.
  7. Hopefully not.

    I hope for more conservative politics
    (especially reg. the dollar).

    Including some crypto laws.

    This maybe the field where the bigger party will be at.
     
    #17     Jul 21, 2024
  8. Picaso

    Picaso

    #18     Jul 21, 2024
  9. Coin Flip

    Coin Flip

    I think those who actually trade, are a minority here.
     
    #19     Jul 21, 2024
  10. zdreg

    zdreg

    Biden quits is today's story. Tomorrow it is history. After the presidential election when results will be judged people with exception of history buffs will forget this sordid episode.
     
    #20     Jul 21, 2024