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DemocratSinceBirth

(99,710 posts)
Thu Sep 3, 2020, 03:33 PM Sep 2020

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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.
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Bookmark this post! (Original Post) DemocratSinceBirth Sep 2020 OP
What has upset them today? House of Roberts Sep 2020 #1
The Dow is crashing -1,000 DemocratSinceBirth Sep 2020 #2
Oh No, there goes the economy for the super wealthy, no more trickle down I presume. KS Toronado Sep 2020 #5
Yeah, I see that. House of Roberts Sep 2020 #9
Trump wont let the market tank intrepidity Sep 2020 #3
He can control some things. He can not control the equities markets DemocratSinceBirth Sep 2020 #4
Just watch intrepidity Sep 2020 #6
What can he do? DemocratSinceBirth Sep 2020 #7
I honestly don't know. Ask me again after the market recovers intrepidity Sep 2020 #8
(If) the markets recover it will have nothing to with him. DemocratSinceBirth Sep 2020 #10
Two major Stocks did splits this week Wellstone ruled Sep 2020 #11
Doubt it DrToast Sep 2020 #12
If the Dow drops below 17,000 which I believe was an intraday low in March full panic will set in. DemocratSinceBirth Sep 2020 #15
It managed to recover slightly by the close. Adsos Letter Sep 2020 #13
People taking profits or big groups -- like pension plans -- getting a bit nervous. Hoyt Sep 2020 #14
It was down a bit over 800 points. PoindexterOglethorpe Sep 2020 #16
September profit taking....but the Big One is yet to come ashredux Sep 2020 #17
And they will blame it on Biden. Mr.Bill Sep 2020 #18

intrepidity

(7,307 posts)
3. Trump wont let the market tank
Thu Sep 3, 2020, 03:41 PM
Sep 2020

Oh, a day or two, here and there, "buying ops" -- but he'll do *anything* to prevent a real crash.

DemocratSinceBirth

(99,710 posts)
4. He can control some things. He can not control the equities markets
Thu Sep 3, 2020, 03:44 PM
Sep 2020

Even Xi and Putin can't control their nation's markets and the Chinese government can actually intervene to buy stocks.

DemocratSinceBirth

(99,710 posts)
7. What can he do?
Thu Sep 3, 2020, 03:50 PM
Sep 2020

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)
8. I honestly don't know. Ask me again after the market recovers
Thu Sep 3, 2020, 03:58 PM
Sep 2020

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.

 

Wellstone ruled

(34,661 posts)
11. Two major Stocks did splits this week
Thu Sep 3, 2020, 04:14 PM
Sep 2020

and that alone will cause the overall what is known as Averages. Second biggee,the Free Money Dried Up.

DemocratSinceBirth

(99,710 posts)
15. If the Dow drops below 17,000 which I believe was an intraday low in March full panic will set in.
Thu Sep 3, 2020, 04:25 PM
Sep 2020

It will be like the financial crisis of 2008- 2009 on top of a pandemic and racial strife. It will be apocalyptic.

 

Hoyt

(54,770 posts)
14. People taking profits or big groups -- like pension plans -- getting a bit nervous.
Thu Sep 3, 2020, 04:23 PM
Sep 2020

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)
16. It was down a bit over 800 points.
Thu Sep 3, 2020, 05:04 PM
Sep 2020

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.

Mr.Bill

(24,301 posts)
18. And they will blame it on Biden.
Thu Sep 3, 2020, 05:11 PM
Sep 2020

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.

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