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If the bottom falls out of the equities markets Joe Biden will win the biggest popular vote/Electoral College landslide for a Democrat since LBJ won 61.1% of the vote and 486 Electoral College votes in 1964.The markets are the only thing holding him up outside of his rabid base.
House of Roberts
(5,177 posts)I've been out working in the yard, so what did I miss?
DemocratSinceBirth
(99,710 posts)KS Toronado
(17,259 posts)House of Roberts
(5,177 posts)What has the speculators spooked today?
intrepidity
(7,307 posts)Oh, a day or two, here and there, "buying ops" -- but he'll do *anything* to prevent a real crash.
DemocratSinceBirth
(99,710 posts)Even Xi and Putin can't control their nation's markets and the Chinese government can actually intervene to buy stocks.
intrepidity
(7,307 posts)I dont know what he'll do, but he'll try everything.
DemocratSinceBirth
(99,710 posts)If he does something stupid and dramatic investors will think things are bad and sell even more. it's a vicious cycle.
intrepidity
(7,307 posts)Even then, I may not know.
There's no good reason for the markets to have been where they have. At least, in the traditional sense of what they measured and reflected.
DemocratSinceBirth
(99,710 posts)Wellstone ruled
(34,661 posts)and that alone will cause the overall what is known as Averages. Second biggee,the Free Money Dried Up.
DrToast
(6,414 posts)Over 90% of voters have made up their minds. Up or down, the stock market will matter very little.
DemocratSinceBirth
(99,710 posts)It will be like the financial crisis of 2008- 2009 on top of a pandemic and racial strife. It will be apocalyptic.
Adsos Letter
(19,459 posts)Dow closed down -807.
Hoyt
(54,770 posts)I've been telling white wingers that the Market is up recently because investors know Biden is a better choice to get us out of this mess, and he's way ahead.
PoindexterOglethorpe
(25,862 posts)2.78%. Yesterday it was up over 500 points.
Sometimes it goes up, sometimes it goes down. I seriously doubt that it's going to make a significant difference in the voting.
ashredux
(2,606 posts)Mr.Bill
(24,301 posts)When the market was dropping at the end of W's term they said people fearing an Obama presidency were bailing out of the market.