How will the stock market crash impact the elections?

[Anonymous]

Japanese markets just dropped the largest amount in their entire history. South Korea had to halt all trading. Futures for the US markets look ugly. Who knows how far the US markets will drop today, but a crash will signal a complete collapse of economic confidence and more fears of a a global recession. This will have tremendous impact on the election as American lose trillions of dollars of wealth and potentially many jobs over the next few weeks.

Who will this hurt the most?

[Anonymous]

Anonymous wrote:Japanese markets just dropped the largest amount in their entire history. South Korea had to halt all trading. Futures for the US markets look ugly. Who knows how far the US markets will drop today, but a crash will signal a complete collapse of economic confidence and more fears of a a global recession. This will have tremendous impact on the election as American lose trillions of dollars of wealth and potentially many jobs over the next few weeks.

Who will this hurt the most?

The current admin. - Kamala.

[Anonymous]

Harris. She is the same person as Biden as far as policies go for the past 3.5+ years.

[Anonymous]

I blame Trump!

[Anonymous]

Anonymous wrote:I blame Trump!

Of course you do

[Anonymous]

This stock market "crash" can't last. It's a hyperbolic overreaction and tantrum directed at Jerome Powell. The people instigating it are only causing themselves more harm than anything - unless they did a bunch of short-selling first, which should be investigated.

[Anonymous]

💀 Jobs

[Anonymous]

It's not a "recession" or a "crash" - and take a look at history of other recent corrections in the market

[Anonymous]

Anonymous wrote:It's not a "recession" or a "crash" - and take a look at history of other recent corrections in the market

What an idiotic post. Nearly all of those drops in that list were rescued by massive Fed QE and multiple trillion dollar stimulus packages from the federal govt to save the economy from COVID. This is completely different as rate hikes to combat inflation are finally starting to dampen the economy. There is also currency contagion spreading across the globe as the Bank of Japan has rapidly appreciated the yen vs the dollar in a matter of a week. The bubble is being deflated now. No multiple trillion dollar stimi packages are going to come to the rescue this time.

[Anonymous]

Umm. Has this even happened yet?

[Anonymous]

Anonymous wrote:Umm. Has this even happened yet?

Nikkei largest crash in their entire market history. Futes in the US are looking brutal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Umm. Has this even happened yet?

Nikkei largest crash in their entire market history. Futes in the US are looking brutal.

Hasn’t the Nikkei been going up up up for at least a year after years and years of stagnating? Couldn’t this just be a brief correction, mostly for Japan?

And… the stock market fluctuates wildly from day to day anyway.

[Anonymous]

It will probably bounce back after a few weeks. Market corrections are buying opportunities.

[Anonymous]

Anonymous wrote:It will probably bounce back after a few weeks. Market corrections are buying opportunities.

But what happens when this impacts jobs?

[Anonymous]

Anonymous wrote:

💀 Jobs

I remember much bigger losses under Trump.