/biz/ - Business & Finance

Biden is a common corrupt snake oil salesman, swindling his way to personal wealth. Expect 200% demoralisation of the US if he wins.

Go long from November 14th
/Thread

>>23180794
The market expects Biden to win. It's priced in

>>23180794
shut the fuck up you stupid fucking nigger.

>>23180950
no

bump

whoever wins i expect big wick

I hope / believe Trump will win

>>23180794
Historically the stock market does better under democrats. You can look this up yourself - republicans always say that democrats will crash it and it has never happened.

There may be an initial sell off however, but nobody knows:

"As part of his $4 trillion tax plan, Biden has proposed increasing the top tax rate for capital gains for the highest earners to 39.6% from 23.8%, the largest real increase in capital gains rates in history. Economic analyses show that capital gains tax hikes cause a burst of stock-selling in advance of the increase, as investors look to lock in the lower existing tax rates before they rise.

A research paper by Tim Dowd, a senior economist at the U.S. Congress Joint Committee on Taxation, and Robert McClelland, a senior fellow at the Urban-Brookings Tax Policy Center, found that the two previous hikes in capital gains taxes lead to a wave of selling."

Already cast my vote for Biden in Pennsylvania, feels good living in a swing state

>>23182041
This is who you are taking financial advice from... a fucking nigger.

It’s not going to materially change. There might be some volatility for a week or so, but at the end of the day, Biden is just a neoliberal retard. The people saying that we’re “going to have socialism if he wins” are just morons.

The real threat comes from the full stack, that is, if its all Dems in the government already-partisan initiatives like US CBDC and MMT will become very likely, and so inflation expectations will rise. Then bond yields will rise, which will trigger more QE.

>>23182092
>The people saying that we’re “going to have socialism if he wins” are just morons.
i feel as if they were expecting bernie to win and already had all the ways they were going to attack him set up and when the dnc pulled another piece of chaconary to get biden nominated they made no effort to change it up.

>>23182041
I've seen this post 100 times already. Is one nigger the only vote Biden has?

The market is already pricing in a Biden win which is why it didn't fluctate that much with trump almost dying. Also the Chamber of Commerce(if you dont know who this is then you have no right to an opinion on what will happen) is basically ONLY backing democrats now. Let that sink in. The markets want a democrat house, senate, and presidency. Things will be good.

>>23182092
Biden is a wall street pick, probably because they're net short, and they really want to move to bonds/crash the market. Trump is unwanted right now, since stocks are mostly dumb money/middle class wealth.

If you want to hedge against Biden, marry your positions with PUT options so you have the right to sell at the desired price.

>>23183197
You won't have any of that so if the market really wants it, be prepared for a crash.

>>23180794
If Biden wins you’ll have a 10-40% decline in equities between November and January.

>>23183197
stupid nigger

it will be close and neither side will concede. stock market will crash when january nears and we still dont know who the president is.

>>23181931
The biggest economy crash was in 2008
Who was president in 2008 libcuck

>>23184471
>Who was president in 2008 libcuck
George W.Bush

>>23180794
Ben Felix on youtube did a video on this topic. I haven't watched it yet, but he's a good source for researched opinion.

>>23184471
you gotta be baiting

>>23185027
hes not, hes just that retarded.

ITT: speculation, LARPing, but no actual calls.

Here's one

>if Trump wins, leftists/BLM/soros will keep the rioting up, attempt to lockdown cities again to try hurt the economy & the image of a Trump presidency.
>if biden wins, the opposite will happen and assets will pump.
>therefore, if have bet on Trump winning so in either situation, i come out better off.

>last election, all polls & predictions on trump presidency likelihood were way off.
>therefore, the only reason i care about trump's % chance of winning is for a good entry into this position

pic related - if Trump is elected, i triple my investment

>>23185745
heres last elections betting markets compared to this years... notice a pattern?

>>23180794
It's hard to say. for the first time since ages we can finally hear the MSM reporting on the gigantic pile of government debt. I am convinced both candidates will abuse the FED some more but at some point they will have to stop and let the markets crash. Don't believe in the armageddon stories but it will be pretty bad . Something inbetween 1929 and 2008. But definately worse than 2008

>>23185924
If Biden wins it would make sense for him to let the markets crash brutally , blame it n Trumps policies and then let printer go Brrr on steroids and do big government projects ( infrastructure , green energy etc) for the ' jobs' meme