Post Election Rally - Wall Street Like Gridlock

[donquixote99]

No it isn't.

[nailer]

Yes it is.

Although even if you understood how it is, you would claim it isn't because it would go against your narrative.

[donquixote99]

Ah, I am either deficient in understanding, or less than honest in my narration.

Thank-you for your analysis.

[mpholland]

Originally Posted by Chicks

Management company owned by Jared Kushner files to evict hundreds of families as moratoriums expire
White House adviser’s company, Westminster Management, and other landlords prepare to remove tenants behind on rent during the pandemic.

https://www.washingtonpost.com/busin...er-management/

Renters, typically, don't own stocks.

I know renters who have retirement plans. They are interested in how the markets are doing. The couple of renters I do know that are worried about eviction were never un(der)employed and chose to defer their rent to blow money because they could, not because they needed to. Now it is biting them in the ass. May not be "typical", but it is what I see.

[nailer]

Originally Posted by donquixote99

Ah, I am either deficient in understanding, or less than honest in my narration.

Thank-you for your analysis.

Only if you're an either/or type of thinker.

Knowing you're pissed doesn't take much, if any, urinanalysis. After all, you recently told us just this on another thread.

[donquixote99]

Originally Posted by nailer

Only if you're an either/or type of thinker.

Knowing you're pissed doesn't take much, if any, urinanalysis. After all, you recently told us just this on another thread.

Write it all down, in complete detail, and then send it to someone who cares.

[nailer]

Write what 'it' all down? In addition, PC is an open forum. So, if you don't care, don't read.

[BlueStreak]

Originally Posted by whell

The Dow was up 300 and the NASDAQ had its best single day rise ever the day after the 2020 election. Why?

https://www.cnbc.com/2020/11/04/elec...lose-news.html

“Markets are reacting very positively to the fact that a great deal of the election uncertainty has passed. Not all of it, but at least the worst outcomes seem to have been avoided. Markets hate uncertainty, and this is likely to be a tailwind for a while,” said Brad McMillan, chief investment officer at Commonwealth Financial Network.

Even with the president-elect unclear, stocks rose broadly during Wednesday’s trading session as hopes for a blue wave in Congress dwindled, which some argued would have been a headwind for areas of the market including Big Tech.


Watching CNBC this morning, a number of analysts have repeated these themes:

- No blue wave
- Tax policy should remain largely unchanged
- No advancement of the far left agenda (Joe Lieberman is speaking right now on CNBC and expressing some relief about this and would look for a Biden presidency to have a Cabinet of moderates)
- No legislative attempts to "reform" on big tech
- No structural changes to the SCOTUS

In other words, stocks think it'll be pretty quiet with limited legislative fireworks. That's not a bad thing.

This proves nothing more than the fact that Trumps presence is not required. The nation will be fine without that stupid bastard polluting the Oval Office.

[Chicks]

Originally Posted by BlueStreak

This proves nothing more than the fact that Trumps presence is not required. The nation will be fine without that stupid bastard polluting the Oval Office.

Exactly. The DOW just popped over 30K the minute PA certified for Biden. No more grift, no more incompetent fools in the WH, adults are soon to be back in charge. THAT'S what's driving the markets.

[Chicks]

Deadbeat Donny Emerges to Tout Gains in Stocks Driven by Biden Transition

https://www.bloomberg.com/news/artic...den-transition

The benchmark stock index hit a new record Tuesday after Trump’s administration agreed to begin a formal transition to Joe Biden’s presidency. Trump didn’t mention the election, the transition or Biden in his remarks.

Trump also claimed repeatedly during the campaign that a Biden victory would tank markets and lead to an “economic disaster” on the scale of the Great Depression of 1929.

“If he’s elected, the stock market will crash,” Trump said during his final debate with Biden on Oct. 23.

Hey, Donny, it has NOTHING to do with you, except for the glorious fact that you're toast. LOSER!!!!!!!