I wrote that, several times actually, but it was 100% referring to the months/days leading up to the election. It was pretty much spot on. So now, here we are. Part of me wants to write "sell, sell, sell" .... but I won't. And by saying that, we might miss the big move, but greed is bad, and base hits are good. Lets see what happens.
Markets hate uncertainty. I think they're up, not based on who the likely victor is, but because it's unfolding as an unambiguous victory. If the results get dragged out... then I'd expect a downturn. Just my 2cents.
As a student/victim of market fickleness 10X over.... My better senses say "the fat lady has not yet sung." Despite any celebratory posts here on ET. Fwiw.
This was a worse than 2016. Trump's pseudo Nazi rally at MSG still couldn't sway voters to the Dem candidate. People deep down hated Hillary but it appears no one really cared about Dingy. Let's remember Joe Biden as he was (aka the Oldest Man): Let me add, Vice Presidents are selected as assassination insurance not Presidential replacements.
There's plenty on social media from the left. Would you like me to post some? Then there's the fact that Kamala hasn't conceded - hell, she didn't even speak to her supporters at her HQ last night. A spokesperson just told them "go home". I'd be careful about crowing about this until the next few weeks go by to see if the democrats and their "peaceful transition of power" actually show up.
I called it. It was an easy prediction tbh. If you just watched the best pollsters from 2020 they were saying trump was ahead even in the popular vote. So the EC was going to be easy. I made $4000 in the betting markets. I wanted to bet way more but the exchange I used wouldn't let me bet anymore without proof of income which I couldn't be bothered to send them.