Loading ...STOCK MARKET AND THE PRESIDENTIAL ELECTION
Rick Akerman’s Take ( Thanks Richard 640 from the Chartology Forum )
https://www.rickackerman.com/2020/10/wall-street-cant-hide-its-love-for-trump/
Spock has opined the markets favor Biden
But I a not so sure.
Lets discuss
What do you think ?
PS…This is market related so it can be discussed during market hours
🙂
The markets are addicted to debt based monetary stimulus. Covid QE.
Under either clown, Covid QE will accelerate; as we have not seen anything yet, given that the US main street economy is in free fall meltdown.
Under Biden, this QE is likely to be multiples higher….that is what the financial markets want.
Forget about main street, SMEs, business and the middle class … they are toast going forward. This is the Fed agenda … to own it all.