My soaring 20s will be on hold with an R senate. I feel less bullish vis-Ć -vis a unified D government.
Anyway will still be better than the past four years. People forgot we got some crazy crashes in 2018 out of nothing? At least things wonāt get crazy and we donāt have to worry about what the president tweets out in the wee hours.
Assuming the Biden win holds, Iām really happy about the way things turned out. A landslide would have given the Dems a mandate to push their progressive agenda. With a Republican senate and a narrow majority in the house they will be forced to pursue more moderate policies, yet will have exorcised the Co-conspirator in Chief and his band of crony capitalists. There is already a contingent of moderate dems talking about ousting Nancy Pelosi after the election has failed to deliver a progressive mandate.
TL:DR more compromise, less all out partisan hatred and division, good for markets and business
Wishful thinking. Nancy is a moderate compared to AOC and the squad. If Biden is truly presidential he should avoid a witch hunt of Trump and cronies and look ahead. The radical left will pursue their heinous agenda no matter what. All we have is a couple of old Senators and the Supreme Court between us and Venezuela.
Ironically Nevada may put Biden over the top. A place where all me redneck California hating friends( many are retired cops on California pensions) retired too.
āDonald Trump has proven over these last four years he is incapable of such leadership,ā Ridge wrote. "It is not within him. He lacks the empathy, integrity, intellect, and maturity to lead. He sows division along political, racial, and religious lines.
If Republicans hold the Senate, they will want to stop what they see as the Joe Biden āspending agendaā and ārunaway federal debt,ā which will mean less fiscal stimulus and no corporate tax increases, said Jon Lieber, managing director with consultancy Eurasia Group.
why are you assuming the woman makes less? Iād have to have like 5 kids all in daycare before it would even break even for me to stay at home and even then my long term potential for income outweighs that.
Wonder why market is not dropping? Feel like I have made a mistake in selling TQQQ. I sold on the assumption that market would dive if there are civil unrest - not sufficiently violent? Guess it will when the Presidency is declared. Probably dive on Monday!
Iām assuming my husband is going to work either way, not that I make less. That means Iām taxed at the rate on top of his. It was more of a self-referencial āyou as a SAHMā. Erase SAHM and insert SAHM/SAHD/SAHP (person). I do have a friend who is a guy who is now a SAHD. For him thatāll be the same calculation.
Also, thereās a value to the work done around the houseāone of my friends put it at around $70k-$80Kāboth of us are fix-it types of people which does factor in (she does her own plumbing and living in NY, has had pipes burst), but thereās cooking, cleaning, gardening, chauffer, accountant, tutor, barber, and handyman/electrician/carpenter. Time is money however you cut it. For any person and family, there is a salary at which you break even whether a SAHP or working.
Iāve never understood the logic of angry Democrats protesting only in places full of other Democrats. Iām relieved Iāll never have to deal with it - but still puzzled.
Most important, you want to own the companies that do big business in China, namely Starbucks (SBUX) , Otis (OTIS) and Nike (NKE) , but also 3M (MMM) , Procter (PG) , Honeywell (HON) and, most of the semiconductor companies.
Ofc BA and AAPL.
Semi is hot
The oil stocks will do better here. I like Chevron (CVX) and Pioneer (PXD) for those who canāt help themselves.
I owned CVX
I know many of you support electric vehicles ad there are plenty of companies involved in that which will only be encouraged by Biden. Same with solar and same with hydrogen and wind. You will see these stocks go relentlessly higher because younger investors love them and the ETFs that group them.
The alt-e stocks went relentlessly higher early in the Obama years - only to massively underperform later. Ditto with robot makers after Obamaās infamous auto-teller remark. Another trend that wasnāt.