I couldn’t help but look at the polls yesterday, pretty sure we are going into a loss for a brief while. Which is fine for me, what’s left of mine is parked until I see the green lights on the tree come on. Then I will floor it.
This conversation happens every four years, and the result to the economy is nothing. Presidents have very little effect on the economy- the worlds largest and over $24T annually. Each side, every four years, will try to sell you on the idea of that NOT being the case and this being the biggest decision EVER for the economy. It's not, at least from an economic viewpoint. The prognosticators have figured this out and have moved to trying to guess which industries benefit over others. Don't believe any of it. How have O&G companies done over last 4 years? Coal? How about Solar? How about steel companies and infrastructure? Look back at news flow and try to figure out what the expectation would have been, and then look at where we are now. Predicting anything is hard, which is why people buy a diversified index.Based on past trends, I agree. I'm not soo sure this go... Not wanting to make anything political... That said, definitive comments made by our candidates are a bit alarming and may cause a trend that strays from the norm.
Again, lets keep this clean of political jabs. Hopefully we can discuss a great thread that has been very valuable, enjoyable, educational and one I personally enjoy reading. Discussing politics is possible as adults w/o the pissing match.
It's hard to ignore the difference between our candidates and I believe this may be a year for a boost or loss.
If Trump wins I would dump all my big tech. Pretty sure an anal exam is already underway. Biden wins and it's safe to buy more.I think with either of them we'll see a rise right away for tech. I feel like the uncertainty is driving it down. Longer term some sectors with do better than other under each person. I would imagine if biden gets the nod, O&G will tank.
I think that's a fallacy. Tech is making everyone money. Tech did damn well under Bush. Either way we might get some trust busting... but tech is only growing.If Trump wins I would dump all my big tech. Pretty sure an anal exam is already underway. Biden wins and it's safe to buy more.
They're doing shit NASA said was impossible. I'm not betting against them.I read an article recently on Tesla's solar roof product. That will be an epic fail. That whole company is ripe for implosion, and when that happens I sure wouldn't want to own any stock in it.
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They sound good at conning people.They're doing shit NASA said was impossible. I'm not betting against them.
Show me the money.