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DanTex

(20,709 posts)
Mon Nov 7, 2016, 06:37 PM Nov 2016

Notice that right-wingers are silent about the stock market these days?

They're always talking about how Dems and "big government" and "regulatory uncertainty" are bad for the markets.

Well, Obama has presided over one of the best stock market periods in a very long time. And every trader on Wall Street knows a Trump victory means a drop of 5% or more. Where are Larry Kudlow and Stephen Moore and the rest of the supply side idiots talking about how the market knows best?

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apnu

(8,758 posts)
2. Most financial types I know don't want Trump.
Mon Nov 7, 2016, 06:41 PM
Nov 2016

Most think he's not going to win and think that's a good thing. They're rather have Hillary, who they believe will be at least stable and reasonable, if not market friendly, despite them all being life long Republicans. None of them wanted Trump. Not one. They can all smell the crazy on that jack ass.

Jason1961

(413 posts)
3. I already see them trying to say that the market downturn is similar to the Pre-Brexit Downturn
Mon Nov 7, 2016, 06:41 PM
Nov 2016

They're doing everything they can to convince people that this election is just like Brexit, Reagan etc etc etc

LAS14

(13,783 posts)
5. On today's report about a big uptick in the stock market...
Mon Nov 7, 2016, 06:53 PM
Nov 2016

... they attributed it to the announcement about no criminal charges from the FBI. That was the thing that moved the market UP.

Wounded Bear

(58,670 posts)
7. Yeah, if you see the whole curve...
Mon Nov 7, 2016, 07:31 PM
Nov 2016

the market started to slide after the first letter, then bent back up steeply after the letter that 'cleared' her.

I know, correlation not causation, but it looks pretty startling when you compare the dates to the graph.

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