Stock Market
- Thread starter SLOHusker
- Start date
The stock market has seen all kinds of political scenarios over the past 90 years, it has seen many changes in the House, Senate, Presidency in that time. The market will continue to swing back and forth, up and down and sideways. We saw earlier this year a record DOW followed by a huge drop in all sectors of the market.
Nothing will change that with this most recent election or those down the road. One day the DOW will hit 30,000, then probably drop back down into the 20's and then back up again to surpass 35,000, if you have a long range plan, you will be fine. If you have a short term plan, keep your money in safer holdings, especially if you don't have the stomach for economic and political turmoil.
Nothing will change that with this most recent election or those down the road. One day the DOW will hit 30,000, then probably drop back down into the 20's and then back up again to surpass 35,000, if you have a long range plan, you will be fine. If you have a short term plan, keep your money in safer holdings, especially if you don't have the stomach for economic and political turmoil.
A blue senate would send the stock market in a frenzy. I don’t think it can happen, so I wouldn’t worry too much about it.
Georgia will have two senate runoff elections. If those two seats were to fall to the Dems, the Senate will be effectively blue at 50-50. That will send the markets into turmoil. Even the possibility of this will cause a decline in market prices. I sold a bunch today after profiting under the COVID-19 recovery. I know the election for president isn't over but my hopes are fading. Trump was a great president for the economy (and more than that). BTW you should fear Kamala a lot. It's a done deal at some point.
Where are rich people going to put their money? You do understand we are actually in a weird kind of crisis because the wealthy are too wealthy and are actually making poor investments time and time again because there is literally nothing else to do with it. The market requires competition and sort of weeding out that creates strong competition but stronger winners, and resilient losers. Right now, you can't lose, the market is propped by the treasury with 4-5 trillion providing liquidity, although it happens to come from our children in the form of higher taxes. The last 10-13 years has literally been a taxpayer buffet for the richest If I could count on the wealthy being held accountable I would say we need a massive correction, but this will just result in more massive bailouts of companies, banks, and funds who know they can't fail. The deficit is absolutely disgusting but the quantitative easing in the trillions started last september when the market should have failed. People wonder, where is the inflation if the taxpayers are propping up the market....look at the house market...it is in more of a bubble than late 2007.
History tells us that the greatest market crashes happen under red presidents and blue ones clean up the mess...not sure why...maybe regulation actually helps to create stability.
The biggest market crashes...
29 depression
87
90
2007
2020
Which party was in control of the white house? I am not saying party influences the markets but data would say that all of the biggest market instabilities happen when one party is dominating the fed. There is a reason for regulation.
You’re really going to call 2020 a market crash? Wow you’re dense. You do realize NASDAQ hit an all time high, and Dow is sitting at 28k.. all going on now in 2020.
It will drop a little at first and then come storming back. Biden et al always take care of their Wall Street buddies and the people will have stimullus money to pump back into the economy soon.
Obviously it depends on the individual stock, but generally speaking i think we will see a 30-35% drop by the end of q1. Probably looking at a long slide over a period of 2 years or so that might be as much as 70%. It kind of depends on what foreign currencies do and how stable southeast Asia and the Middle East are.
He’s right there was a crash early in covid. You are also right, things have bounded back up.
A crash isn’t the same as a recession or depression. I’m assuming political bias is the reason he talking about crashes instead of recessions. Recessions matter more have happened under both parties. I didn’t bother to try and add up the total for D’s and R’s.
You have some examples of the wealthy and their poor investments? I agree there isn’t as much value buying opportunity out there, talking companies and stocks. But smart wealthy are not making bad investments because there is nothing else to do with their cash.
WEWORK...Theranos ...WeWORK is the big one with nearly 11 BILLION invested into a company that sold work spaces. Theranos was valued in the billions but never had a working product and had nearly a billion invested into it. These are just a few off the top of my head...and they are basically both fraudulent startups that were either fake or doomed to fail. The government has been propping the market since 2008...is it a bad idea? IDK, I am kind of a socialist and I don't have problem with tax payers encouraging innovation and development of new technologies, whether through private or public. But our technological innovation has to continue to develop if we use the taxpayer as the "insurance" for the market. Most people would say socialism makes people lazy, less driven, and used to handouts...same can be said for the market and business. Every bailout, everytime the market is saved from a crash by providing liquidity through the treasury makes business/financial more likely to try to produce less to make more. For every apple, amazon, tesla there are hundreds of funds and companies that are poorly run and fail but make more money for the managers than we will see in our lifetime.
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Look for the energy sector to drop, even as pricing/costs rise.
We will gain quickly to 3$ a gallon gas, hold for a time, then escalate.
Depending on aggressiveness, certain players, the ultra rich in certain mostly monopolistic markets, some of them may take a monstrous hit.
We will gain quickly to 3$ a gallon gas, hold for a time, then escalate.
Depending on aggressiveness, certain players, the ultra rich in certain mostly monopolistic markets, some of them may take a monstrous hit.
When's the last time the DJIA lost 70% of its value over a 2 year period? Pretty sure 1929. So you're calling a second Great Depression?
If there is a real chance that Biden’s capital gains tax increase could happen, then yes I think there could be a massive sell off. Younger investors will buy the dip which will bring the market back up. Q1 could be a wild ride.
if you are a long term investor none of this really matters. the market goes up over time. id like a big crash soon. i've got money i'd like to invest.
You missed out on some cannibis stocks. I cleaned up on ACB.. it could keep going up, but got out with a healthy 175% profit
.It will continue to be more volatile but will continue to grow. We will likely see more peak and valley type movement and that will become somewhat normal. Tech is crushing!