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Reply to "When do you think the stock market will crash?"
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[quote=Anonymous][quote]Anonymous wrote: Anonymous wrote: If Elizabeth Warren or Bernie wins in 2020, but their win is highly unlikely. So, the market will crash when the next Democrat is in the White House which won't be until 2024 the earliest. Doubtful. In my lifetime, it's always crashed near the of end of the republican second term, then a Dem is elected to fix it. No the timing has more to do with market realizing Dems going to win. Then it crashes. You got it backward.[/quote] That is not why it crashed in 2008. The market doesn't work that way. The market fell 22% on October 19, 1987 when Reagan was president. The next president was Bush, another Republican. It did not crash because the market realized a Dem was going to win. It was the largest market decline in one day in history. Look it up. [/quote]
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