Impact of election on market

Someone would argue the same for Trump :wink:
If both get on biking, I would bet on Biden.
Trump for sure would golf better :wink:

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Yeah supposedly he lives on Mcdonald’s burgers.:slight_smile: But Trump doesn’t sound confused like Joe yet.

Here’s how Joe would do worse :wink:

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Considering their ages, the race now turns to Harris vs Pence :wink:

On Election day :wink:
Trump 74
Joe Biden 78

i.e. “Considering their ages”, worst case, Trump will end up where Joe is starting out from as far as mental faculties are concerned… :wink:

Buy TQQQ AH-PM to catch the gap up during market hours?

Screen Shot 2020-08-11 at 8.07.05 PM

Hmmm, not a great idea to depend AH-PM. Best is to trade during market hours.

Pre-market big brothers (HF, Banks, financial institutions…) change the market unexpectedly.

Have you noticed how market has changed - at last minute - suddenly? Everything comes out of HFT algorithms.

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I’ll defer to @Jil’s viewpoint on this one.

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I thought you said your comment was about real GDP growth. Did not know GDP = stock performance.

So I guess the answer to my question is “false”?

Stock performance under the last four presidents. Trump’s term is not done yet. Put in your own guess where it will end up next Jan.

Here’s my relevant comment in a post earlier.

Gundlach, who called Trump’s 2016 election, predicts he’ll win again

For markets, he expects “significant” volatility, usually the case close to a presidential election.

:ok_hand:

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Sometimes the discussion is about GDP, other times it’s about stock. Goal pole keeps changing. Anyway, here are some charts on GDP growth under different presidents. Can’t find anything more updated than July 2016.

Sometimes the discussion is about moderate vs left, when a link is posted why she is not moderate, then moves to a different metric COVID #s and to one particular country (Germany), then to GDP in last 2 qtrs, when pointed out Germany’s gdp was affected as well , moves to grading on a curve, when pointed out curve includes other eu countries as well , moves to real gdp , when pointed out real gdp was ONE point in an article which gave reasons why Kamala was progressive and not moderate(economically) , AND because it is now proven Kamala is not a moderate economically, let’s get back to markets which was the main point of this thread … …

Anyways :laughing:

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Yeah. Too much wandering around. So going back to those two GDP growth numbers, what’s the deal with Trump’s number?

Something for the jobless and low incomes: Terminate social security tax.

Something for the middle incomes: Cut income tax.

Something for the rich: Cut capital gain tax.

So Trump is buying votes?

Stock market happy?

More spending will fix everything.

Throw money at racial inequality with no plan to measure results or proof it will help.

She wants federal eviction protection which should make everyone here be against her.

Free money for those making under $120k/yr. It’s $2k/person in household up to 5, so we’d give a family of 5 $10k/mo. How is that going to be funded?

More about who gets COVID and fatality rates is racist.

Let’s create another government team, since she doesn’t think the existing Health and Human Services team did enough. Yes, there’s a long history that shows adding more government bureaucracy helps. Oh wait…

She essentially wants to expand Medicaid to those without insurance. I can only imagine the hole that’ll blow in budgets once people buying insurance realize they can get it for free.

At this point, Democrats might as well come clean. They clearly think the average American is far too incompetent to have any sort of freedom of choice. They think things will be far better for people if democrats make all their choices for people. I can’t imagine any competent person willingly voting to hand control of their life over to the government given the long history of government incompetence.

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Sorry, what is the question? i.e. what does the deal above mean?

As an independent/moderate, I think Kamala was a fantastic pick. She is competent, driven and far more fiscally conservative than the Bernie/Warren bros that have bee trying to take over the party. Sure she went a little left during the primary, that’s just politics. I’ll take it any day over the Pornstar President standing outside St. John’s Church with an upside down bible pretending to be religious…

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Kamala Is of course popular in the BA. But how will she do in the key midwestern battleground states.

Are you serious? She wants community college to be free. She wants debt free college. She supports student loan forgiveness. She wants to give families $2-10k/mo ($2k per family member up to 5) until 3 months after the pandemic ends. She wants Medicaid for all. Those are just the recent major policies she’s pushed in the last 2 years. The fact you think that’s moderate shows how far left democrats have gone.

The bill for just those policies alone would increase federal spending by 2-3x a year. There’s no way that can be argued as moderate. There’s also no way to fund it all by the talking points of taxing the rich and corporations. There’s a reason middle class Europeans pay 30-40% effective income tax rates vs 2-5% in America.

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