Right now MSM is reporting that Biden has won, I expect that that is what investors are betting on. So what happens when it becomes obvious that Trump won? Assuming there is no civil unrest, would tve market view it as a positive or negative?
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Bahahaha
If we throw off the globalist tyranny, the market will reflect the bright new future.
Everything depending on China will go down, some Big Tech will slump. Some stocks tied to alternative energy will slump. Some Big Pharma will slump if they depend on gouging drug prices.
But most stocks will go up. Trump is the best thing for American business ever.
Investors generally like to see a divided gov't/gridlock, and it seems likely that Republicans will control the senate either way.
A lot of them may also realize that Trump could pull this off too.
I know for a fact that some are hedging their bets and will be selling off some assets before the end of the year if it's clear Trump isn't in by then, just in case Democrats can push tax policy in.
I’d have my big tech shorts in before that news breaks if I were you.
Chinese stocks tank
Thats a good prediction. What about US stocks? Investors seem to think that Bidens stance on covid will eradicate it and then the economy will recover. Or maybe investors think the vaccines will lead to better economy. Or a little bit of both, or neither?
I mean US Chinese stocks like on nasdaq. Stocks like $Solo. There are more I just can’t think of off the top of my head.
Told my brother to sell his alibaba, we shall see.