Yeah, sure. 'Cause the COVID picture is so different today than it was 3 or 4 days ago, and the "forward looking market" never saw this coming. What a rube.
And the "forward looking market" never saw all the polls showing that Biden is likely to be elected. It is some magical awakening over the weekend showing he will be elected leading to the Monday "market crash".
Yeah, like Joe Biden if he wins and raises corporate taxes back up to 35% from the current, 21% will not hurt the US economy and businesses? Add to that, higher income taxes on everyone with the average family paying $6,500 in extra taxes? The stockmarket will crash big and we will have a depression which is the worst its ever been anytime in the history of the US.
If Biden is elected, and the Senate flipped and the house kept with the Dems, count on a significant rally.
The infinite stimulus hack you get when you have a supermajority and pack the courts so no one but your party has any say in anything. Yep, I agree. Market will rise bigly as the democrats continue to funnel pandemic money into their favorite donors. Meanwhile we'll be brow beaten by grandpa Joe about how "the scientists" are telling him a federal mask mandate is necessary and unemployment skyrockets to 60%. It'll all be justified in 2024 when the worst market in history will be attributed to Trump despite not being in power. Lots of reminders of "remember the infinite neetbux we sent you guys so you could spend money at Amazon while sheltering in place?" The United States of Weimar is gonna be fun times! Get your wheelbarrows ready to buy bread boys when the dems discover the money printer just needs more ink we're in for an ass pounding.