How much will the stock market fall if Biden wins?

predict it says Biden gets 293 Electoral for the win

https://www.predictit.org/

 

if that prediction comes true then I will have to concede that Americans are not as smart as I thought they were. Nope, Mr T will shock the left. They will be left with their jaws dropped open, flabbergasted beyond measure, and shedding crocodile tears galore. ROFLMAO

 

Chumpie (and buddy Putin) winning again will prove that out.

 

I don't see how Elizabeth Warren as treasury secretary would be good for stocks. Although stocks could go up, but only of the dollar gets absolutely obliterated.

 

142 SPY

 

Short term End Biden (Have you seen the posters) will be a big plus for the market. Big time stimulus package.

Note - Play the package. After that run.

 

Longer term, I'm still betting on fiscal irresponsibility. I don't see that constant changing any time soon. The Green New Deal stuff will just accelerate the end of the US dollar as the reserve currency.

 

What's another $1 trillion when we've already pissed away $27+ trillion?

 

Since I don't have the right to vote, so this is an outside of the US point of view. Let's do a very simplistic coin flip. Let's say the chance of a Biden win is 50% and the chance of market crash under Biden is 50%. The chance for both outcomes is 25%. In order for the final outcome to be 50%, both 50% must be 70%. I am sitting on the fence.