Hate to burst your speculation bubble, but the Dow is driven mainly by large corporations that make a killing during COVID lockdowns and, sadly, in Democrat/RINO run anticompetitive markets.
Hate to burst your bubble but all the oil company stocks have been on a 10 day tear going up. Does that sound like the guy who is going to shut down oil and gas is getting anywhere near the White House? I don't think so.
Shutting down new drilling will drive up the cost of oil. Limited future supply vs uninterrupted demand is good for oil prices. Biden may say he is shutting down oil, but in reality he just wants to bleed consumers dry.
That's the thing though, as of now there won't be any changes to the tax laws if the GOP keeps the senate. So basically the stock market is getting Trump's tax cuts + Biden's chicom cheap labor and no tariffs attached.
Biden had all the big corporate donors. Not Trump. I think you are misunderstanding what's going on here. I'm not a doomer (usually) but the corporate fags with their dick up Bidens ass would love Biden. He's proposing forcing every small business under with lockdowns and endless covid crisis. Less competition for the Amazon's.
This is the reason I can't make heads or tails of this market situation haha. I am not a money pede, but I can see both sides of the argument.
I hear the market hates uncertainty, so I fear the investor class feels certain that "business as usual" will resume with the deep state at the helm. However, Biden's proposals would be brutal for the big companies - cost them a fortune in the short term to flee higher taxes like they were doing already in 2015 - so I find myself thinking they must be investing with the expectation that the good tax rates will remain.
Fuck if I know what is going on other than GEOTUS seems confident so I am gonna have confidence in him as always.
I hear the market hates uncertainty, so I fear the investor class feels certain that "business as usual" will resume with the deep state at the helm.
Or they're certain of another 4 years of a Trump economy?
The shill media also tries to claim any time the market goes up it's because of Biden. And I tend to assume reality is the opposite of what they say...
I think it has to do with covid shut downs destroying small businesses which are competitors to these big ass corporations. Theres a reason the wealthiest of the wealthy have seen their net worth shoot up this year.
publicly traded company strength (think Amazon, Wal Mart et al) - as covid excuses literally destroy small business, removing competition from the big corps. Its corporate genocide. - check
Biden presidency promises depressed wages for all workers which directly benefits these multinational companies.
They are pricing in the steal. I was disheartened to see the market rally right before the election with all the positive leading indicators of a trump win. Wall st. is in on it.
Have to agree. stock market is reflection of capital and all tech companies/ fast food/ home/DIY..companies are going through the roof.... end covid restrictions and the market will re-balance
Check out the FXI ETF. It tracks the value of large Chinese companies. On nov. 4 when the fix came in the middle of the night FXI skyrocketed. The index has not gone down significantly. This indicates investors are getting their news from msm and believe Biden will be the next president.
In general Biden does help the global stock market, since his policies help big corporations while marginalizing small business and the consumer. Mandatory vaccination? Raises vaccine prices. Ban on fracking? Raises oil prices, foreign oil companies increase in value. Green new deal? A massive stimulus check for unsustainable big businesses producing batteries, windmills, electric cars, etc (srsly why won't leftists listen to science). Not to mention that silicon valley is on the DNC payroll. Bidencare will move money from your pocket into the pockets of Insurance companies, the pharmaceutical-medical-industrial complex and big banks.
Biden benefits the elites (Clinton crime family, MSM, Soros, Bezos) and the lowest of the low (antifa, blm, drag queen story hours).
You clearly dont understand the market. Wallstreet hates Trump, Biden will bring back wallstreet corruption and theyre counting on it cuz they think trump conceded by letting the GSA move forward.
Hate to burst your speculation bubble, but the Dow is driven mainly by large corporations that make a killing during COVID lockdowns and, sadly, in Democrat/RINO run anticompetitive markets.
Hate to burst your bubble but all the oil company stocks have been on a 10 day tear going up. Does that sound like the guy who is going to shut down oil and gas is getting anywhere near the White House? I don't think so.
Shutting down new drilling will drive up the cost of oil. Limited future supply vs uninterrupted demand is good for oil prices. Biden may say he is shutting down oil, but in reality he just wants to bleed consumers dry.
Bingo
Also that feed off China and its teet of unlimited cheap labor, which would return in spades under a Biden admin.
No, it hasnt.
That's the thing though, as of now there won't be any changes to the tax laws if the GOP keeps the senate. So basically the stock market is getting Trump's tax cuts + Biden's chicom cheap labor and no tariffs attached.
Yup THIS
yea, the president has no control over the market, never have and never will
TOTAL SPECULATION ON YOUR PART BUT I LIKE IT!!!!!!!!!!!!!!!!!!!!!!!!!!!
Biden had all the big corporate donors. Not Trump. I think you are misunderstanding what's going on here. I'm not a doomer (usually) but the corporate fags with their dick up Bidens ass would love Biden. He's proposing forcing every small business under with lockdowns and endless covid crisis. Less competition for the Amazon's.
Market went up when Trump was elected. Went down when he got the commie cough. Went back up when it was obviously a nothingburger.
This is the reason I can't make heads or tails of this market situation haha. I am not a money pede, but I can see both sides of the argument.
I hear the market hates uncertainty, so I fear the investor class feels certain that "business as usual" will resume with the deep state at the helm. However, Biden's proposals would be brutal for the big companies - cost them a fortune in the short term to flee higher taxes like they were doing already in 2015 - so I find myself thinking they must be investing with the expectation that the good tax rates will remain.
Fuck if I know what is going on other than GEOTUS seems confident so I am gonna have confidence in him as always.
Or they're certain of another 4 years of a Trump economy?
The shill media also tries to claim any time the market goes up it's because of Biden. And I tend to assume reality is the opposite of what they say...
Based!
"commie cough"
yes, good one, I may appropriate that one for future use.
I think it has to do with covid shut downs destroying small businesses which are competitors to these big ass corporations. Theres a reason the wealthiest of the wealthy have seen their net worth shoot up this year.
WALL STREET PEDE HERE: Although I wish your fantasy was real, our analysts don't see it that way - at all.
Biden may have the mega corp donors for sure, but the bulk of businesses want tax cuts not more taxes, guaranteed.
the market is a reflection of mainly 2 things:
cheap money and a falling dollar - check
publicly traded company strength (think Amazon, Wal Mart et al) - as covid excuses literally destroy small business, removing competition from the big corps. Its corporate genocide. - check
IMO THAT is why the market is up.
Biden presidency promises depressed wages for all workers which directly benefits these multinational companies. They are pricing in the steal. I was disheartened to see the market rally right before the election with all the positive leading indicators of a trump win. Wall st. is in on it.
We’ll kill more than the economy
Have to agree. stock market is reflection of capital and all tech companies/ fast food/ home/DIY..companies are going through the roof.... end covid restrictions and the market will re-balance
Umm, pump and dump. It's a sacred thing.
Check out the FXI ETF. It tracks the value of large Chinese companies. On nov. 4 when the fix came in the middle of the night FXI skyrocketed. The index has not gone down significantly. This indicates investors are getting their news from msm and believe Biden will be the next president.
In general Biden does help the global stock market, since his policies help big corporations while marginalizing small business and the consumer. Mandatory vaccination? Raises vaccine prices. Ban on fracking? Raises oil prices, foreign oil companies increase in value. Green new deal? A massive stimulus check for unsustainable big businesses producing batteries, windmills, electric cars, etc (srsly why won't leftists listen to science). Not to mention that silicon valley is on the DNC payroll. Bidencare will move money from your pocket into the pockets of Insurance companies, the pharmaceutical-medical-industrial complex and big banks.
Biden benefits the elites (Clinton crime family, MSM, Soros, Bezos) and the lowest of the low (antifa, blm, drag queen story hours).
You clearly dont understand the market. Wallstreet hates Trump, Biden will bring back wallstreet corruption and theyre counting on it cuz they think trump conceded by letting the GSA move forward.
WSJ is all in on the steal
Wrong, please stop spreading this.