Market Talk
Joe Biden can speak. He has been coming out of his basement and showing that he can walk and talk at the same time.
For those that have hatred for President Trump this bolsters the democrats hope. The bar has been set low for Biden thus far and as Trump haters say well at least Biden can speak and think so he's better than Trump, the market may start anticipating that Biden may actually win and democrats sieze power.
If the Democrats do win, look out below as far as the market. High taxes and state bailouts to pay for mismanagement and such high debt items such as state pensioners that drive typical democrat states like NJ and New York and California into unsustainable debt.
The market is not ready for socialism and the burdening costs and taxes that it will require. The market will not want America to be like Venezuela.
With the above preamble it seems like the run the market has had may stall and even falter as uncertainty about the election plays out and political positioning stall cooperation. The vision for the future of America is in the balance on Nov 3.
With regard to the market? Look out below for awhile?
Stock Talk
Keeping the powder dry.
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ALL in my humble opinion, scroll down and read more..
This site does NOT make Buy / Sell recommendations.
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