Nasdaq Hits All Time High Today..

[InMAGAWeTrust]

Great day to be an true American patriot!

 

I wonder why markets would continue the post-election rally as the supposed radical socialist lefty fascist Marxist commie Biden is 1 week away from being President.. 

 

Any guesses? 

 

@stevenash @baddog @Englebert @CardinalBacker @LumRaiderFan

[SmashMouth]

23 minutes ago, InMAGAWeTrust said:

Great day to be an true American patriot!

 

I wonder why markets would continue the post-election rally as the supposed radical socialist lefty fascist Marxist commie Biden is 1 week away from being President.. 

 

Any guesses? 

 

@stevenash @baddog @Englebert @CardinalBacker @LumRaiderFan

Because ultimately the expected upfront spending from a Democrat controlled administration will be huge and it will boost the market until businesses begin an earnings decline because of the restrictions and impositions placed on them by the federal government. Then, you would generally see a decline. 
 

But you’re real smart. You already knew that...

[Ty Cobb]

13 minutes ago, SmashMouth said:

Because ultimately the expected upfront spending from a Democrat controlled administration will be huge and it will boost the market until businesses begin an earnings decline because of the restrictions and impositions placed on them by the federal government. Then, you would generally see a decline. 
 

But you’re real smart. You already knew that...

Does this mean I should buy now and be ready to sell in a few months?

 

[CardinalBacker]

10 minutes ago, SmashMouth said:

Because ultimately the expected upfront spending from a Democrat controlled administration will be huge and it will boost the market until businesses begin an earnings decline because of the restrictions and impositions placed on them by the federal government. Then, you would generally see a decline. 

Honestly, because the workers of America have been steadily pumping money into their 401ks while the pandemic moves along.  Most of the non-essential unemployed aren’t the type to contribute to retirement plans.  They’re the ones that were making 400/week at sonic and have been netting 6-900 week on unemployment.  That’s why you see “help wanted” signs at all of the places that pay lower wages w/o retirement plans right now. 
 

I don’t think you’ll see the big indexes take a hit until the major corps start having major layoffs. 
 

It’s gonna be an interesting first 100 days, for sure. 
 

[InMAGAWeTrust]

16 minutes ago, SmashMouth said:

Because ultimately the expected upfront spending from a Democrat controlled administration will be huge and it will boost the market until businesses begin an earnings decline because of the restrictions and impositions placed on them by the federal government. Then, you would generally see a decline. 
 

But you’re real smart. You already knew that...

Interesting - I recall the stock market doing very well under the Obama and Trump admins as well. Maybe they all have something in common 🧐🧐

[baddog]

Trump’s economy flourished during a pandemic. Do I need to lay that out for you, troll? I already told about my tractor purchase. No bank could touch that and it would have taken years to pay off. 

[SmashMouth]

6 minutes ago, InMAGAWeTrust said:

Interesting - I recall the stock market doing very well under the Obama and Trump admins as well. Maybe they all have something in common 🧐🧐

You’re actually correct in that assessment. Big government spending seems to occur no matter which side holds the reins. The difference is what they’re spending money on. Environmental costs (i.e. Green New Deal), social and welfare programs and increased minimum wage will be the Democrats big ticket items. 

[CardinalBacker]

3 minutes ago, InMAGAWeTrust said:

Interesting - I recall the stock market doing very well under the Obama and Trump admins as well. Maybe they all have something in common 🧐🧐

Not so much under Obama. There was that huge sell-off in ‘09 that was already under way when Obama was sworn in. You can’t blame all of that drop on him as it was already underway, but you have to believe that some of it is attributable to the markets being wary of him. The rebound from that collapse was tepid at best. It took all eight years to slowly crawl back to respectability. 
Compare that to the market’s performance under Trump... the growth was fantastic, and when the markets were challenged by the pandemic earlier this year, they bounced back within a few months... not years. 
You have to give Trump’s admin credit for not being anti-business... that’s something the Ds could have picked up on. 
We’ll just have to see if they push hard for more regulations and higher corporate taxes.... if so, they’ll stall our growth. 

[Whoa]

4 minutes ago, SmashMouth said:

You’re actually correct in that assessment. Big government spending seems to occur no matter which side holds the reins. The difference is what they’re spending money on. Environmental costs (i.e. Green New Deal), social and welfare programs and increased minimum wage will be the Democrats big ticket items. 

History shows a 18% jump when all democratic - pres  -house - senate  doesnt make sense   Additionally,  market likes no change.  Sloe Joe can't negotiate a deal to save his life, nothing will pass/actually be implemented  - unlike Trump, the master of the deal..In 2 years all will flip back, hence nothing ACTUALLY gets done.  I rely on the mkt to live on and it's been a hell of a ride this year.

 

Think about this, if interest rates go Carter level 16,17,18%  go all Jumbos guaranteed money.  If you owe nothing - hell of a deal  

[new tobie]

Crooked politicians and the big companies that pay them off steel more from the us government than welfare programs ever dreamed of

[baddog]

1 minute ago, new tobie said:

Crooked politicians and the big companies that pay them off steel more from the us government than welfare programs ever dreamed of

Howdy. 

[new tobie]

1 minute ago, baddog said:

Howdy. 

Good day!

[Big girl]

35 minutes ago, baddog said:

Trump’s economy flourished during a pandemic. Do I need to lay that out for you, troll? I already told about my tractor purchase. No bank could touch that and it would have taken years to pay off. 

No, it didnt

[stevenash]

Yes, it did.

[baddog]

13 minutes ago, Big girl said:

No, it didnt

Got some moolah you feel like parting with? 
Do I need to tell my tractor story again?

[CardinalBacker]

1 hour ago, Big girl said:

No, it didnt

Ummm... yeah, it did.  My 401k took a beating early on, but in way better shape right now than I was before that drop at the start of the lockdown.  

Even our poor are doing all right with the very generous unemployment benefits, stimulus checks, and moratorium on evictions.

It's hurt restaurants, entertainment venues, and rental property owners, mostly.  Everybody else is rolling.  

I'm personally curious as to what the planned "rental assistance" will look like.  It'll be a sad day if those funds are directed to renters who never actually pay their past due rental amounts.  

[SmashMouth]

14 minutes ago, CardinalBacker said:

Ummm... yeah, it did.  My 401k took a beating early on, but in way better shape right now than I was before that drop at the start of the lockdown.  

Amen. Mine too. 

[Englebert]

6 hours ago, InMAGAWeTrust said:

Great day to be an true American patriot!

 

I wonder why markets would continue the post-election rally as the supposed radical socialist lefty fascist Marxist commie Biden is 1 week away from being President.. 

 

Any guesses? 

 

@stevenash @baddog @Englebert @CardinalBacker @LumRaiderFan

Please refrain from tagging me unless you are ready to get banned again. You do know how easy that is don't you.

[InMAGAWeTrust]

6 minutes ago, Englebert said:

Please refrain from tagging me unless you are ready to get banned again. You do know how easy that is don't you.

Oooo there’s Dinglebert, I missed this dudes 20 paragraph rants about absolutely nothing 

[Englebert]

3 minutes ago, InMAGAWeTrust said:

Oooo there’s Dinglebert, I missed this dudes 20 paragraph rants about absolutely nothing 

Yep, you are the same obnoxious fool that is too childish to control his own emotions. Your mother must be proud of her little boy. Does she refer to you as Silly Willy as well?

[InMAGAWeTrust]

1 minute ago, Englebert said:

Yep, you are the same obnoxious fool that is too childish to control his own emotions. Your mother must be proud of her little boy.

She is, thank you! 

[Englebert]

Just now, InMAGAWeTrust said:

She is, thank you! 

Why is it so hard for you to tell the truth? You lie constantly, and this is just another whopper.

[TxHoops]

I mean....

[SmashMouth]

1 hour ago, Englebert said:

Yep, you are the same obnoxious fool that is too childish to control his own emotions. Your mother must be proud of her little boy. Does she refer to you as Silly Willy as well?

No. She’s calls him Little Willy. 

[SmashMouth]

6 hours ago, new tobie said:

Crooked politicians and the big companies that pay them off steel more from the us government than welfare programs ever dreamed of

Really? What are the numbers?