Markets to fall on warren win. That's what they keep saying over and over

Discussion in 'Wall St. News' started by S2007S, Nov 5, 2019.

  1. gaussian

    gaussian

    This is peak boomer. I read Reuters and WSJ for all of my news. If your news involves pundits or people who's names rhyme with Lush Rimbaugh or Hean Sannity, I'd suggest the same to you. I will tell you Warren will be bad for the market. At least we can probably agree on that. A the wealth tax increase needs to be progressive like income tax (since capital gains should be treated as money made from "labor").

    I did fine when Obama was president. I've done marginally better with Trump as president (considering I only really started to invest outside of my retirement in around 2014). 2010 to 2016 was incredible, and Trump inherited Obama's work and claimed it as his own, no different than Bush inheriting (and subsequently destroying) the market given to us by Clinton. You'll probably stomp your pennyloafers and say I'm favoring Democrats and I guess I am here.

    https://www.macrotrends.net/2481/stock-market-performance-by-president

    Trump has failed to outpace Obama on the macro level in his first 4 years. A classic folly of always Trumpers - looking and numbers instead of percents.


    Remember when he was laughed at to his face at the UN? Remember how the Finnish president basically mocked him to his face? He's underperformed every president in approval in history on a yearly level. Worse yet, he's not even a real Republican - being the worst proponent of gun rights in over a decade (I personally thought his "take the guns from them and do due process later" speech terrifying). He's sure done a number on illegal immigration though - his 400 miles of wall are being cut down by $100 power tools and the numbers peaked in March 2019. Nice work!

    Not by any trustworthy news source. There are no photos of his rallies being "packed wall to wall" except the doctored ones from fox news, unless you mean in the high school gymnasium sense.
     
    Last edited: Nov 6, 2019
    #21     Nov 6, 2019
  2. ph1l

    ph1l

    #22     Nov 6, 2019
    bone likes this.
  3. Cuddles

    Cuddles

    The market would likely fall on a Warren win, because the market moves on perception and that is the perception. It is a flawed perception however, and would be a great buying opportunity as it quickly recovers.
     
    #23     Nov 7, 2019
  4. vanzandt

    vanzandt

    It would be an opportunity, key is however to not buy back into any etf's, rather cherry pick about a half dozen or so stocks with a bit of sector diversity that the bottom fell out of but in the bigger picture will still do well with or without socialism. Here in a few months it will time to work on that shopping list.
     
    #24     Nov 7, 2019
  5. bone

    bone

    I have to take great exception to the term "quickly recovers". Political sentiments aside, let's talk hard numbers.

    How, pray tell, will the Companies represented in the Dow and the S&P recover their 2019 valuations when they are hit with a 35% tax rate, onerous long term capital depreciation schedules, and the medical services components of the Dow and the S&P are wiped out en masse ?
     
    #25     Nov 7, 2019
    Overnight likes this.
  6. SunTrader

    SunTrader

    The market is setting up for a big fall, soon enough when the Fed punch-bowl finally runs dry, no matter who is elected.

    LMAO Dump (previously Obama, Dubya etc) taking credit for all the free money printing.

    Hey how about that reduced federal deficit. Oh wait a sec, look away.

    Hey how about that reduced trade deficit. Ditto.
     
    #26     Nov 7, 2019
  7. Cuddles

    Cuddles

    DOW and S&P were at record highs pre-electoral season in 2015, at a 35% tax rate. This is also pre-Obamacare gutting. You're assuming tax cut reversal, debt forgiveness, & healthcare would magically pass congress the day of her inauguration. I don't know what you mean by "onerous longterm depreciation schedules". We'd finally get some China/world trade certainty, one way or the other.
     
    #27     Nov 7, 2019
  8. Overnight

    Overnight

    Isn't that basically her platform? Repeal the Trump tax cuts, tax the shit out of the rich, and send sharks with laser beams on their frickin' heads into the health-care/pharma companies? That is going to kill bullish sentiment.
     
    #28     Nov 7, 2019
  9. bone

    bone

    Warren’s M4A tax proposal would eliminate the acceleration of depreciation and amortization, requiring firms to deduct the cost of investment over the life of the acquired assets.

    How would Elizabeth Warren winning the Presidency make that happen? Bernie and Yang are the only Dem candidates with a serious grip on international trade agreements.
     
    Last edited: Nov 7, 2019
    #29     Nov 7, 2019
  10. Cuddles

    Cuddles

    Since Trump's is essentially a leftist protectionist position, Warren would pass what Trump has been playing politics with. Not that I'd necessarily agree with it, but doubtful she'd pass the buck until reelection season like Trump has.
     
    #30     Nov 8, 2019