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That's what the media is pretending. Everyone I know nearing retirement age is dumping their holdings and sitting on cash or bonds because they know a Biden presidency will be the end of this economy.
You accidentally spoke the truth. A Biden presidency will be the end of this economy, which has been in the dumper for months.
Markets hate uncertainty, as do privately-held businesses. Right now, thanks to the political leaders in office RIGHT NOW, we have plenty of it.
You accidentally spoke the truth. A Biden presidency will be the end of this economy, which has been in the dumper for months.
Markets hate uncertainty, as do privately-held businesses. Right now, thanks to the political leaders in office RIGHT NOW, we have plenty of it.
The market on average grows about 6-7 percent per year. From Trump's win in November 2015 to right before the COVID black swan event in Jan. 2020, the market grew an average of more than 14 percent per year. That's a great economy.
The market on average grows about 6-7 percent per year. From Trump's win in November 2015 to right before the COVID black swan event in Jan. 2020, the market grew an average of more than 14 percent per year. That's a great economy.
DOW has averaged 15.03% growth for 10 years, so I guess nothing has changed....... Heck, it tripled under Obama. It grew 26% in 2013. With Trump there has been two years with negative growth (2018 & 2020), which shows the uncertainty he brings to the markets. 2020 would be far worse if they hadn't pumped $5 trillion into the economy, much of which ended right in to the stock market.
The market on average grows about 6-7 percent per year. From Trump's win in November 2015 to right before the COVID black swan event in Jan. 2020, the market grew an average of more than 14 percent per year. That's a great economy.
Y'all need to look at the history of the stock market. Geez.
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Heck, it tripled under Obama. It grew 26% in 2013. With Trump there has been two years with negative growth (2018 & 2020), which shows the uncertainty he brings to the markets. 2020 would be far worse if they hadn't pumped $5 trillion into the economy, much of which ended right in to the stock market.
