I thought that the Market looked out ~2 years.
The Left has sent the media its daily to-do list.
Every story today, whether a report on a world crisis or a local wedding announcement, must be accompanied by the line, “amid growing COVID-19 concerns.”
Most of this is year end tax selling along with portfolio re-balancing.
They will crash if Biden gets in. When he restarts the Paris accords.
I thought wall street loved Diapers Biden and printing money?
BWAAHHHHH HAH HAH HAH HAH HAH!!
Excellent points: Wall Street was supposed to be in love with Depends/Kneepads, and Occasional Cortex keeps saying “Just print more money!”
Wall Street may secretly waiting for the horizontal hostess.
I thought it was telling that after nearly 6 months of wrangling about how much stimulus, the final number came in far lower than anyone wanted. What was it, $900 billion? After all that posturing for $3.5 trillion by Nancy and Chuck.
Trends, as I see ‘em. Careful...I’ve been wrong before.
A lower dollar vs foreign currencies.
Higher inflation, though the stats won’t show it for a good while.
Near zero interest rates.
Deficit spending/printing new money out the wazoo.
A rising China until the critical mass hits...either invading neighboring countries or collapse.
Higher oil prices as they strangle fracking with regulations and “Green” crap.
Big companies do OK. Small businesses suffer. And big tech does well as long as they let themselves be integrated into the Democrat Party....even more than they are.
S&P 500 3,748.05 +21.19(+0.57%)
Dow 30 30,716.87 +325.27(+1.07%)
Nasdaq 12,802.71 -16.25(-0.13%)
Russell 2000 2,026.30 +47.19(+2.38%)