Home Forums Hunting & Shooting Hunter's Campfire Prediction: Stock market

If the Republicans hold the Senate for the next four years the DJIA will be at or above 40,000 sometime during that period.

I’m trying to digest just what you’ve said here.

If trump is not reelected our election system is permanently broken. Let that sink in.

OK, I'm all in then.....

If Biden becomes POTUS, it will be close to 20 in 6 months.

MM

Are you truly serious about that? Does anyone else think that is a reasonable statement?

Not talking election system. Stock market, specifically the DJIA.

Yes

I think the market will likely climb higher with Biden. The market is addicted to Fed and .gov money and biden is going to be pumping the chit out of it with QE funny money, stimulus, etc. Especially with the virus as an available excuse for doing so.

How we turn that off without sending the market into a tailspin is beyond me but you can sure as hell bet it ain't going to be a democrat that turns it off.

Yes. If we lose the Senate, the 3 Trillion hero’s act will be passed. Student loan forgiveness will pass. Biden will shut down the country for 3-4 months. The house will figure out a way to tax probably by removing deferred taxes on 401K accounts giving access to 3.6 Trillion. Paris Climate accord will go in costing 1 Trillion. Iran peace accord joined. Massive immigration leading to higher welfare expenditures. In other words look for the debt to go up by about 4-6 Trillion in the first 6 mos. Then add in all the new corporate and personal income taxes to go up to pay for all this sh*t. Plus oil, gas and electric prices have a value added tax of 50% to pay for the greenie layouts. Perfect scenario for a crash.

Yup.

If we don't fix the election process talking about who controls the senate is pretty meaningless.

I don't see a crash, more like a slow dive down over time as things contract.

Market is way over valued right now as it is, w/o really any good reasons.............no one is investing any capital anywhere, sitting on lots of cash.

People trying to sell businesses want ridiculous multiples.

Slow Joe & The Ho with make it mo'betta though.........................

JMHO

MM

Possibly. I think a lot depends on the vaccine rollout and effectiveness.

Exactly. Anyone who doesn’t think all of the above will not tank the economy and the market with it is clueless and likely voted for Biden.

A very big factor going forward from here.

Whether Trump or Biden, the vaccine will be hyped as such.

Hate to say this but defecits don’t mean jack scchitt anymore and won’t for anytime in the near to intermediate future.

It’s just how it is.

With Biden at the helm be very concerned about our Military.
Very concerned.

A successful vaccine will assist in propelling the market higher but I'm fully convinced that the invisible hand of the Fed is and has been the primary reason for the 10+ year bull market. Compare the Fed balance sheet to the past ~12 years.

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

I think Biden will remove all China trade sanctions which will cause the market to increase.

The Fed/Gov will continue to pump printed money into the market. This will work until it doesn't.

I hope the stock market crashes cause it is no good for a country where a bunch of lazy lard azzes sit around trying to get rich. the airlines spent 55 billion buying their own stocks so they would be inflated then they cash out . now they want a 60 billion dollar bailout from the govt. instead of investing the 55 billions on their planes terminals etc they wasted it in the stock market. stock market is now used by the CEO's to artificially drive up their stocks cash them in leave with 100-200 million while their company withers away with all those jobs lost. stock market used to be for building up a business now used to take them down Sears, Toys R Us cabelas just a few out of many