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Your candidate will most likely plunge the U.S and the rest of the world into a deep recession that makes 2007-2008 look like small potatoes.
I only hope that within the remaining 2 months of Obama's presidency, stocks recover enough for me to sell at break-even. Four years later, I might buy back in.
Even Treasury bonds may cease to be safe because Trump wants to downgrade them to junk status. I will probably sell them too and reinvest the cash into German or Canadian bonds.
Your candidate will most likely plunge the U.S and the rest of the world into a deep recession that makes 2007-2008 look like small potatoes.
I only hope that within the remaining 2 months of Obama's presidency, stocks recover enough for me to sell at break-even. Four years later, I might buy back in.
Even Treasury bonds may cease to be safe because Trump wants to downgrade them to junk status. I will probably sell them too and reinvest the cash into German or Canadian bonds.
Thanks for that. Yes, thank you very much.
You might want to wait until the election is actually over.
I think it's amusing that some rich establishment types are having to sweat this one out!!!!
Well, you can buy inverse ETFs, but I'm sure happy that Trump has a chance on winning. We can't keep interest rates at zero forever. I'm sure the markets will tank short-term, but long-term we will have a much more healthy economy.
I cant wait to see the look on all the arrogant Hillary supporters and the mainstream media who thought this would be an easy slam dunk and how all Trump supporters were living on fantasy island. I'll probably lose $10,000 tomorrow if Trump wins, but it's fine country first!
I cant wait to see the look on all the arrogant Hillary supporters and the mainstream media who thought this would be an easy slam dunk and how all Trump supporters were living on fantasy island. I'll probably lose $10,000 tomorrow if Trump wins, but it's fine country first!
However it goes.. The pucker factor right now is worth it.
Do you know how ridiculous it is to assume that it would be his fault? If you think this is the case, then you are essentially admitting that the efficient market hypothesis is incorrect.
If this is the case, I agree with you, but that also tells you that the market is artificial and held up by those with the capacity to bring it down at will.
A recession is on the horizon, but it had nothing to do with Trump. Trump did not dictate the policies that will lead to this looming recession. It really doesn't matter who gets elected. At some point the fundamentals are going to be realized and the system is going to collapse.
The issue will be how we go about rebuilding.
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country first!