How will the stock market crash impact the elections?

[Anonymous]

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Anonymous wrote:You sure sound like you are trying to stir the pot (or love melodrama)

I find it bizarre how many libs are calling a global market sell-off a "tantrum." Are you going to spend the next 4 years of Kamala's rule telling us that the job market "needs to chill" and reminding us that our decimated portfolios disproportionately hurt the BIPOCs?

My portfolio dropped less than 1%. Woop. time to panic.

S and P is down nearly 7% in the last month.

You're right. My portfolio plummeted. By 1.5%. How do I apply for welfare?

But isn’t it still uo, over the last six months.

Put things in perspective.

Year to date and the S&P is up 12.99% (I'm up 19.51). The slip thathappened today is not a harbinger of doom.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You sure sound like you are trying to stir the pot (or love melodrama)

I find it bizarre how many libs are calling a global market sell-off a "tantrum." Are you going to spend the next 4 years of Kamala's rule telling us that the job market "needs to chill" and reminding us that our decimated portfolios disproportionately hurt the BIPOCs?

What are you talking about "decimated?" My biggest hit was Nvidia and that one's only down 7% - my other stocks far less.
You're acting like it's 1929 and people are jumping out of windows.
You seem a bit out of touch with reality.

Yeah, wait until Israel starts a global war.

The inflation genie is out of the bottle and still is not down to where the Fed wants it, so if the Fed turns on the fake money printer again to try to stimulate the economy to combat a recession , inflation will spiral up out of control again. The fed will have limited ammo this time because inflation has been unleashed.

The US govt won't be able to spend its way out of a recession this time with stimi because we now have all time high debt.

The next recession could be very deep and very difficult to deal with because both monetary and fiscal policy used up their ammo during COVID. Go ahead and turn the money printers back on and cut interest rates to save this rapidly deteriorating economy
.Have fun with 7% inflation for the next 10 years.

Thank you George W and most appreciative to Don the Con!

Oh please..look at the total debt and debt to Gdp ratio under Obama too. It blew up massively under him.

The Bushes are each individually bigger problems than Obama and then add Don the Con in and you have 3 consecutive Republican presidents collectively blowing up the national debt. That's just a simple dollars and cents fact. So when you want to complain that th elibs are spending the country into oblivion, remember those three.

Biden/Harris won the money printing spree by a country mile, PP. Look at actual economic data and stop listening to politicians’ talking points.

[Anonymous]

Manufacturing in the US has been down for four straight months. Unemployment ticked up as reported on Friday. The market had already priced in a 25 basis point rate cut in September. Consumer defaults are rising and has been rising for awhile, but Powell is just commenting on it now and hinting that more quantitative easing (re: printing more money) might be coming up. He’s obviously under tremendous political pressure to slash interest rates faster, which will increase inflation again even further. That’s why US markets are in free fall. Remember, Yellen called inflation transitory in 2021. Here we go again.

[Anonymous]

Deflation is bad for the government because the US government is sitting on unprecedented debt levels. We’ve been ignoring it for a long time. It’s finally catching up to us.

[Anonymous]

US markets will respond in kind.

[Anonymous]

Oh look, the Nikkei has already rebounded.

[Anonymous]

Anonymous wrote:Deflation is bad for the government because the US government is sitting on unprecedented debt levels. We’ve been ignoring it for a long time. It’s finally catching up to us.

Then maybe the GOP should stop blowing up dent with no corresponding GDP growth.

[Anonymous]

What stock market crash?

[Anonymous]

Anonymous wrote:What stock market crash?

The one in the GOP fantasy world.

[Anonymous]

Anonymous wrote:Oh look, the Nikkei has already rebounded.

I blame Trump!

[Anonymous]

lol this is nuts

[Anonymous]

I guess Fetch isn't happening.

[Anonymous]

Is the stock market still crashing?

[Anonymous]

Anonymous wrote:Is the stock market still crashing?

Doesn't seem that way to me. NVidia's up $5 a share, Meta is up $22 a share and so on. Portfolio has mostly rebounded.
Just a temporary hiccup.

[Anonymous]

More like a stock market boom, up over 2% today. S&P 500 is up 17% this year!

Do people really consider a 3% decline a “crash”. People like OP who sell low and buy high making me rich!