The stock market thinks Joe Biden is going to beat Donald Trump
- Thread starter ajacobson
- Start date
Whenever the author says "you need to dig deeper" that's short for "here comes my VERY uneducated opinion."
These journalists are morons. Would you trust advice from a guy named Paul R. La Monica? I would hope not.
These journalists are morons. Would you trust advice from a guy named Paul R. La Monica? I would hope not.
Yup
The same idiots said Hillary was a lock
The market would be crashing in a heartbeat if they thought for even a minute that Joe Biden had a chance to win. If the Democrats succeed in mass fraud thru their mass mailing in of ballots to everyone even, non-citizens and those who did not request it, that is the scenario where Joe Biden might win. If cheating is minimized due to vigilant US citizens and I am urging all patriotic Americans to report between now and November 3, 2020, any suspicious activity to the Trump campaign, Joe Biden will still lose.
Here we are again 4 years later with opinions varying widely. At this point its a complete toss up. I think the only thing that could bring down markets is a delayed or questionable election. It will NOT matter who wins, markets will skyrocket no matter what.....actually the markets could care less at this point because the president and leader is not trump, but powell, yes the fed is the markets president.
Biden or trump, who ever wins does not matter or make any difference what so ever.
Biden or trump, who ever wins does not matter or make any difference what so ever.
- Paul R. La Monica is a digital correspondent for CNN Business. He writes daily about the markets and blue chip companies and also appears regularly on CNNI's business programs. He tweets throughout the day on Twitter and StockTwits @LaMonicaBuzz.
La Monica previously was an assistant managing editor overseeing the site's economic, markets and technology coverage. He has been with CNN Business since November 2001 and has previously worked for Red Herring, SmartMoney, American Banker and Financial World.
La Monica lives with his wife and two sons in Brooklyn, NY and is a 1995 graduate of The University of Pennsylvania.
I bet his credentials and understanding of these issues are better than an anonymous poster that is you.
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Scenario...
Biden wins on Election day at the same time successful vaccine is released. Before Jan 20th, Trump rescinds Tax bill to fuck with Biden. Biden then rescinds all the other anti-regulations. Implements more taxes on the middle-class.
No more free money. Unemployment rate starts falling fast, because people are now getting back to normal, so less free money to spend. Powell reverses course and starts raising rates since he is no longer under Trump's thumb. Much less Zoom, much less AMZN, much less FB.
The irony is that as the economy recovers once the vaccine comes out with either president at the helm (but especially Biden), consumers will use the tech much less because they won't have the time. Falling revenue for the FAANGs, and thus the markets will slowly drop, rather than slowly rise...?
Here's his education background lol.....
"Strong arts and design professional with a Bachelor of Arts (BA) focused in Psychology from University of Pennsylvania."
You've gotta be kidding me. You're as dumb as he is.