The stock markets in the Biden era - will volatility diminish?
- Thread starter Laissez Faire
- Start date
If there is a vaccine can be found for the corona virus(COVID-19), then the pandemic problem is fixed and unlock the economy. Otherwise, he will struggle with the senate for stimulus and the market volatility continues. So far, there is no vaccine for corona virus let alone COVID-19.
An attempt at normalizing these values.
1. RTH ranges as % of S&P Close price.
2. Daily sum of points as % of S&P Close price.
Comparatively, the difference seems less now, but 2020 was extreme either way.
1. RTH ranges as % of S&P Close price.
2. Daily sum of points as % of S&P Close price.
Comparatively, the difference seems less now, but 2020 was extreme either way.
You do realize that the Pandemic / Coronavirus / Civil Unrest / Stimulus Deal.....
Has much to do with 2020 volatile markets...arguably more important than Donald Trump ???
Now guess what will happen by the summer of next year under President Biden / Vice President Harris that will be in position to get the Pandemic under control at least in the United States...I'm expecting calmness in the markets as in less volatility.
Yet, Europe is an important component of the U.S. markets. They too will need to get the Pandemic under control / Civil unrest under control or else it will have impact on the U.S. markets.
wrbtrader
Yes - I did mention that in the very post you quoted.
As for the pandemic, I'm sure Trump could have done better to alleviate that situation, but let's not get political here.
And even without the pandemic - Trump's era have been volatile and also characterized with his tweets that usually occur in market hours.
The volatility will be COVID and geopolitical in nature. Having a President in obvious cognitive decline there will be talk of the 25th Amendment Section 4. Joe will prop up a regionally weakened Iran but he will have difficulty counteracting Chinese aggression in the Indo-Pacific Region and the occasional North Korean mischief. Biden will be tested early and often because he is perceived as weak and accommodating.
Joe Biden has about the worst situation you could imagine - Mitch McConnell, a conservative Supreme Court, and a Congress that badly overplayed it's hand with some genuinely insane ideas that obviously turned voters off.
And in November '22 it's mostly Democratic seats up for election.
Wall Street loves gridlock, and they have it in spades.
Joe Biden has about the worst situation you could imagine - Mitch McConnell, a conservative Supreme Court, and a Congress that badly overplayed it's hand with some genuinely insane ideas that obviously turned voters off.
And in November '22 it's mostly Democratic seats up for election.
Wall Street loves gridlock, and they have it in spades.
Seems to me that with rates so low, there has been a big flow into other vehicles. If there is more money moving around there will be more volatility. People place bets, remove bets etc. It really does not matter bull or bear, just that people are jockeying for positions and money is flowing, sloshing and being thrown around.