it's funny how wall street used to lean left, then after Trump won they realized that bonus is much bigger under MAGA, and now at least some of them are leaning right. the Dem party is a joke at this point, all the tired old rotten policies... 2020 will be a huge defeat for them.... the current candidate line up is so bad Bloomberg had to jump in.. on the other hand, this 'market will decline 20% under Warren' seems to be a bit too conventional wisdom now... but we'll never find out I guess.
So short sighted. You think 20% is all the market will drop and only if a Democrat gets in? It's time for you to turn off Rush and hit the books. Student loans are being bundled into SLABS and turned into synthetic CDOs. Instead of repairing in the existential crisis on the horizon, banks have chosen to double down and create more money out of the immeasurable suffering caused by these things. It's no longer the case you can blame someone for being crushed by student loan debt, a mentality forged by their boomer parents (college education matters), along with complicit financial counselors suggesting student loans are a great option to impressionable 18 year olds, has created a generation of people delaying buying houses, having children, marrying, or even holding a job that will pay them enough to keep their head up above the water. Of course, this plays right into their hands. The majority of rental property owners are wealthy boomers and foreigners and having the government hold a generation's head underwater just means more property they can purchase and rent to the new forgotten generation. The bickering over parties has to stop. The real crisis is 10 years out. Mango man and his followers are so busy disparaging the other party they are missing the critical moment to actually create real change. Same old rotten policies is a funny way to point presenting any kind of solution to major issues such as healthcare, student loans, and climate change. The democrats have developed at least something to address this problem. A Trump victory in 2020 guarantees a one party (democrat) country in 10 years after the financial system collapses under the pressure caused by SLABS. It strikes me as funny people on this forum, who are allegedly financially literate, are too short sighted to see Housing Crisis 2: Electric Boogaloo staring them right in the face. If there is one thing everyone should be chomping at the bit to cross the aisle on it's the upcoming student loan crisis and healthcare. I'd love it if Republicans would at least try to present a solution to healthcare and the student loan crisis. A debate between the two parties would almost certainly give us a good solution! It would appear to me though they are presently too busy lining the pockets of their corporate insiders to do their job. We will be paying interest on their indecision for many decades to come.
Wallstreet was favoring a huge democratic win and got a Republican then everything changed, it actually changed the next day when only minutes into the open a huge 700 point dow drop turned into gains, has never looked back. Now wallstreet wants another 4 years of trump and that any democratic win will cause a collapse on wallstreet, but of course we wont know because wallstreet will not let a democrat win.
nobody is saying there ain't problems.. and a few bubbles are getting big.. but that is not how trading/investing decisions should be made on. you know what it feels like, to have gone all in, and sitting on a big pile of profits? it feels like you've got the market by the balls and it's time to keep pressing.. when the entire world can't get away from the ZIRP juice, you need to see the situation and make trading/investing decisions accordingly, instead of hiding under a rock and wait for the sky to fall. I have posted before, the GOP are not angels, but at least their policies tend to run on the military industrial complex and overall are beneficial to the country as a whole - thru land grabbing... the Dems however, tend to sell off the country for votes, open boarders, free shit for everyone.... that's the difference between the 2 parties... and please, stop using phrases like 'lining the pockets', as if the Dems are actually pushing policies for the greater good of the people? everybody lines the pockets, but the Green New Scam is another example to sell out the country to gain power. health care, student loans - sure there are problems, but 'at least coming up with something' by the Dems has hardly any merit, as a matter of fact if Venezuela is any reference these 'somethings' will sure make things even worse. health care - Trump did try but Dems got in the way, so he just had to do away withe individual mandate for now. only 3 years in, with zero cooperation from the dems, with 95% negative media coverage, this president has got a lot of things done.... give credit when credit is due. and last but not least, I have post many times before... how do you measure success in biz - net worth and profit.... all else is just noise.. can't argue with success... and no need to bring up the 6 bankrupcies and tax returns blah blah - anybody wants to dig deeper can educate himself on things like corporate law, limited liability, real estate tax shelter etc.
that -700 sure was a big knee jerk.... a HRC win would pretty much maintain the then existing course for the market which was a steady rise with the easy money... then them boys realized a big tax cut was coming along with bunch of deregulation.
This past weekend's Hong Kong election has some real dark horse implications if China follows through with their threats. Beijing is pissed and Xi is in a corner. 71.2% voter turnout and all but one pro-Beijing District Council representative was replaced by a pro-democracy representative. BBC is calling it a "stinging rebuke" for the Chinese Communist Party and a referendum for the pro-democracy demonstrators.
Mark my words - if and when Warren becomes the clear Dem nominee, the billionaire-owned media will collectively fire all the screeching SJW activist "journalists", turn the spotlight off Trump, and start banging the "socialism!" drum like it's 1955. It'll be just like when Black Lives Matter went from urgent "National Conversation" topic to cancelled overnight, when they made the mistake of criticizing Israel.
%% I hope you are right; but the Chi-coms have the guns/more guns.Maybe they fear Pres Trump will slam them hard with tariffs?? Its a wonder the price of [Chi-com]mandarin orange imports are still SO LOW-but they are............................................................................................................