[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.23064136 [View]
File: 83 KB, 1539x903, JFK_dow_impact.png [View same] [iqdb] [saucenao] [google]
23064136

He's fine. Twittering like mad lad all day.

Anyway, in the event a president cannot perform his duties for medical reasons including death, the VP takes over and everything plows along as it was. The election is a minor complication only in the aspect that having Pence on the ballot as top man might produce a slightly different result. Pence is good though and popular with the right so unlikely to lose the party votes this year in this hypothetical. As for historical precedent, pic related is the DOW with the day Kennedy was killed highlighted. ~3% drop and immediately recovery the following day straight in to resumption of the bull run going at the time. Tradingview doesn't have data for the opening price on the daily this far back, the candles show high/low/close.

>> No.23044728 [View]
File: 83 KB, 1539x903, JFK_dow_impact.png [View same] [iqdb] [saucenao] [google]
23044728

>>23044562
Minimal impact. If you want a comparison you can go way back to Kennedy and see how the DOW responded. Refer to chart. Kennedy was assassinated on November 22, 1963. That day the DOW dropped 2.89%. It would recover all of that the following day and resume bullish trend. For Trump I expect the outcome to be the same. VP Pence would be sworn in, he would resume the platform as established by Trump. The proximity of the election could make this a little less predictable but that veers away from a Trump being unable to perform his duties to just the prospect of Biden winning, whether or not Trump is in the picture.

Navigation
View posts[+24][+48][+96]