Up, crypto started moving immediately.

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Jul 13, 2024
7:28:33pm

dave All-American

Up, crypto started moving immediately.

This message has been modified

Originally posted on Jul 13, 2024 at 7:28:33pm

Message modified by dave on Jul 13, 2024 at 7:29:08pm

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dave

Bio page: dave
Joined: Sep 27, 2005
Last login: Sep 18, 2024
Total posts: 8,448 (208 FO)

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Messages

Author

Time

This sounds shallow, but how does this effect the market on Monday?

TarCoug

Jul 13, 7:28pm

Up, crypto started moving immediately.

dave

Jul 13, 7:28pm

The country now knows who will win the election. Certainty is good for the

PGVikingDad

Jul 13, 7:30pm

The market certainly wants Trump to win, so probably up.

Brisket

Jul 13, 7:30pm

Stocks and GDP growth routinely perform better under D administrations so I

vagabonder

Jul 13, 7:45pm

Well, seeing how various heads of banks and major fund managers have said they are hoping for reforms they think Trump

Brisket

Jul 13, 7:53pm

Billionaires wanting their taxes cut don't represent the market all that well

vagabonder

Jul 13, 7:59pm

From where I sit in the industry it looks like it does to a large extent.

Brisket

Jul 13, 8:04pm

Wild how it generally does worse when their preferred economists are in office

vagabonder

Jul 13, 8:19pm

Or maybe it's common that when there is a republican president there is a democratic congress.

Brisket

Jul 13, 9:07pm

I would definitely argue correlation, not causation, on that one-

Courtimedes

Jul 13, 7:56pm

Because government spending jumps. Not to say spending goes down under GOP

Bluforever

Jul 13, 8:06pm

Also generally false. Spending jumps yes but annual deficits generally shrink

vagabonder

Jul 13, 8:13pm

Obama? Biden? Jumped like crazy. Clinton did control spending, assisted by a

Bluforever

Jul 13, 8:31pm

Reagan? Bush? W? Trump? Jumped like crazy. And never stopped jumping. D admins

vagabonder

Jul 13, 8:38pm

Yup don’t thank Clinton, thank Newt Gingrich

Blue chunks

Jul 13, 10:53pm

I guess taxing us and spending more

Blue chunks

Jul 13, 10:49pm

It's debt spending and not deficits that matter & Democrats have

gopman

Jul 14, 7:02am

Zions regularly posts how the markets perform under each variation of exec and

The Kavorka

Jul 13, 9:02pm

I was about to ask the same question

Jul 13, 7:31pm

$mstr will probably be up ~10%

Longseason

Jul 13, 8:21pm

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