They're already blaming Trump for stocks falling
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This is actually a good sign as it means they're expecting a Trump win so are trying to saddle him with ALL of the blame for the Biden/Harris economic decisions.
Because doing this knowing you are going to successfully cheat your way to having the cackling in chief really undercuts your own credibility.
Not that it stopped them in the past...
I do think that if Trump wins the stock market will probably drop rather sharply at the beginning of his term, not because Trump is bad for business but because values are overly inflated and the companies like BlackRock pulling the strings will want them to fall to make Trump look bad.
Just means buy the dip.
They tried blaming him the other week when McDonald's went down in stock despite actually performing better than the wider market. If anything his appearance there probably helped the company and even if it didn't something else did.
The E. Coli thing probably didn’t help.
To be quite honest, Trump winning should send stocks down. Tariffs will hurt major multinational companies even if the net overall impact is that the average American is better off. Remember, Wall Street and Main Street don't always move in lockstep.
Haven’t since the early 60s.
Meanwhile on zerohedge:
Ignore the Polls, the Markets Are SCREAMING Trump Will Win
FUCK
Why didn't I buy BitCoin when it was 52k!!!
sigh
Two disclaimers: This is a massively complex system, open to many different interpretations, and hard to pin down. Two, I'm pretty clueless on this stuff.
So, yeah, this is just one theory but...haven't they recently been shifting the polls and betting odds back in favor of Harris anyway? So the "system" is expecting or pretending to expect a Harris win, not a Trump win. So in that respect it's kind of a double whammy: They're lying about Harris being the clear winner, but then also blaming Trump for market instability. They're trying to eat their cake and have it, too.
Business thread?
What's a portfolio one can make so that if Kamala wins, you get your reparations money back? NKE and LVMUY are givens, maybe some of the big cosmetic firms (Fenty is already 50% owned by LVMH), but I'm having a hard time finding publicly traded companies focusing on wigs/extensions or press-on mails.
Weed is a tough one. Would any of the legal growers see a boost?
Or do you think it would be better to just stick with Green shit, big tech, and defense contractors for all the boondoggles, quit pro quo, and wars we'll be in for?
I have more faith in a yellow rock than whatever "value" the US produces.
Lawl. Is that why my crypto fell like 10% in last 48hrs?