- This topic has 209 replies, 19 voices, and was last updated 4 years, 5 months ago by scaredyclassic.
-
AuthorPosts
-
February 20, 2020 at 7:40 AM #814830February 20, 2020 at 7:48 AM #814831FlyerInHiGuest
Looks like Bernie will emerge the winner in Nevada.
Bernie could actually beat Trump in a general. The more outrageous Trump behaves, the greater the opportunity for Bernie. We will see.
February 20, 2020 at 10:15 AM #814832The-ShovelerParticipantRight now the market(s) are still betting Trump wins by a long shot.
IMO If Bernie gets the nomination the insurance and drug companies will have a hissy fit and go into all out war mode I think he will have a very hard time.
The markets (housing and stocks) will plummet if it looks like he could actually win, taking down the pension funds of a lot of his supporters. The US Dollar will lose about 50% of its value.
If he wins it will be the start of the little war (you would probably not like the results of).
February 20, 2020 at 10:20 AM #814833spdrunParticipant^^^
That will be fun to watch… but unlikely. People said markets would fall if Donnieboy got elected.
February 20, 2020 at 11:10 AM #814834AnonymousGuest[quote=FlyerInHi]Another stupid comment from you.
Nobody has enough money to invest everywhere there is upside potential, or short a market where they see a downside.
Your requirement that there be a financial position taken every single time is dumb. Next time you make a comment, show us your cards and reveal the financial stake you took, please. Live by your own rules. Did you short the Chinese stock market when the corona virus was announced?[/quote]
No need to make it personal
February 20, 2020 at 11:25 AM #814836FlyerInHiGuestI said your comment is dumb in the context you yourself brought up. I didn’t attack you personally. something you do quite often.
We all evaluate situations all the time. For all kinds of reasons, we cannot invest in all the markets we believe have potential. If we criticize or praise something, it does not mean we take a substantial financial stake in the outcome.
February 20, 2020 at 11:25 AM #814835CoronitaParticipant[quote=The-Shoveler]Right now the market(s) are still betting Trump wins by a long shot.
IMO If Bernie gets the nomination the insurance and drug companies will have a hissy fit and go into all out war mode I think he will have a very hard time.
The markets (housing and stocks) will plummet if it looks like he could actually win, taking down the pension funds of a lot of his supporters. The US Dollar will lose about 50% of its value.
If he wins it will be the start of the little war (you would probably not like the results of).[/quote]
Actually, I disagree with you on this one. It’s been proven time and time again, that no matter who we have in office, it really doesn’t drastically make a difference *that* much on the domestic markets. Remember when the markets violently reacted to Trump’s win the day after. Pretty much two weeks later that minor dip was made up. Same people were predicting the same thing would happen when Obama took over.
The best part of the US system is that once you have money and short of being on a W2 paycheck income, the US tax laws are so complicated, its just a matter of figuring out the new rules that allow you to (legally) pay less taxes than salary slave W2 people have to normally pay. So the only goal really should be, while things are going great in the economy right now, make as much money in the best of times we have now….And IF the the tax laws drastically changes and heavily penalizes W2 salaried employees (as they normally do), retire and have $0 in W2. Salary slaves can pay more taxes all they want, lol. People hoping for a big correction will be disappointed once again. As they were generally wrong about all the big corrections up to this point.
February 20, 2020 at 11:26 AM #814837CoronitaParticipant[quote=spdrun]^^^
That will be fun to watch… but unlikely. People said markets would fall if Donnieboy got elected.[/quote]
How’s doom and gloom working out for you so far? Lol
February 20, 2020 at 11:31 AM #814838spdrunParticipantI’m saying that people said that doom and gloom would happen if Donnie got elected, which is why I question their predictions if Sanders gets elected.
This being said, NASDAQ -85, DOW -175. I’m on a Schadenfreude high today … hope this continues. I love seeing richies lose money.
February 20, 2020 at 11:32 AM #814839CoronitaParticipant…some of you apparently didn’t get the sticky note….lol….
Crow must take pretty good these days.
February 20, 2020 at 11:33 AM #814841spdrunParticipantHigher it goes up, the more it will fall. I did well in the chaos of 2010, I’ll do better when the world burns again. Here’s to chaos! DRINK!
February 20, 2020 at 11:34 AM #814842CoronitaParticipantCrow must take pretty good these days.
I should start a restaurant. The menu would be
Crow on the Cob
Crow Chow Fuen
Sweet and and Sour Crow
General Tso’s Crow
Crow Chow MeinSeems like it would do pretty well.
February 20, 2020 at 11:34 AM #814840FlyerInHiGuestShoveler was talking about the housing and stock markets, not about W2 wages.
He’s not hoping for a correction. He’s saying that would happen if certain conditions are met.
February 20, 2020 at 11:39 AM #814843spdrunParticipantIt’s like the Chernobyl reactor … they kept pulling out control rods to speed it up (growth via low interest rates). Short-term rise in power output, long-term ka-blooey!
February 20, 2020 at 11:42 AM #814844CoronitaParticipantDeep fried Crow
Crow with Oyster Sauce
Crow on the Short Side
Crow Doom and Gloom on Stick
Crispy Crow
Kung Pao Crow
General Tso’s Crow
-
AuthorPosts
- You must be logged in to reply to this topic.