The Briefing Room
General Category => Economy/Business => Topic started by: catfish1957 on October 07, 2020, 01:31:17 pm
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(https://cnnphilippines.com/.imaging/mte/demo-cnn-new/750x450/dam/cnn/2020/4/30/Trump-Biden_CNNPH.jpg/jcr:content/Trump-Biden_CNNPH.jpg)
https://www.marketwatch.com/story/heres-how-traders-think-the-markets-will-react-to-the-u-s-election-according-to-one-brokers-survey-11602070191?mod=mw_latestnews (https://www.marketwatch.com/story/heres-how-traders-think-the-markets-will-react-to-the-u-s-election-according-to-one-brokers-survey-11602070191?mod=mw_latestnews)
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The biggest fear for market participants from the election is no result at all, at least according to one survey of market participants.
Nomura’s Singapore-based currency team, for a second time, polled their clients on how they felt global markets would react. The more recent poll was conducted between Sept. 30 and Oct. 5, a period that included the first U.S. presidential debate as well as the hospitalization of President Donald Trump for COVID-19.
By far the worst scenario for the stock market, as measured by the S&P 500, would be no clear winner, according to this survey. The best scenario would be a re-election of Trump with a Republican Senate. Everything else would be a languid shrug.
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Behind the scenes brokers, investors, and anyone else with a lick of common sense knows that a Biden-Harris-AOC administration starts the death spiral toward socialism, and national debt reaching $40T by 2024. I am deeply saddened that Biden is putting on this Trojan Horse centralist act to win the election.
I for one, will and would hope others too plan a financial boycott a Biden presidency, where NO big ticket items are bought. Just the essentials. We have to destroy him before he destroys us.
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When Trump ran, he was really an unknown quantity. Conservatives did not trust he would attempt to complete his campaign promises. But he did try, not getting much support from Congress along the way.
Biden on the other hand is no mystery. If Biden wins, we get dramatic tax increases. More regulation. And corporations resume their flight from the USA for foreign lands. It would mean millions of jobs lost permanently. Biden would fulfill the Obama forecast, of one percent growth being the new norm.
And every American that votes for Biden deserves what they get. UNEMPLOYMENT, SICKNESS and DEATH. Yes, it will be that extreme. And the workforce return to no wage growth for the next 4-8 years. FOR REAL!!! Welcome to Slavesville, yes, the Unites States of Slavesville.
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When Trump ran, he was really an unknown quantity. Conservatives did not trust he would attempt to complete his campaign promises. But he did try, not getting much support from Congress along the way.
Biden on the other hand is no mystery. If Biden wins, we get dramatic tax increases. More regulation. And corporations resume their flight from the USA for foreign lands. It would mean millions of jobs lost permanently. Biden would fulfill the Obama forecast, of one percent growth being the new norm.
And every American that votes for Biden deserves what they get. UNEMPLOYMENT, SICKNESS and DEATH. Yes, it will be that extreme. And the workforce return to no wage growth for the next 4-8 years. FOR REAL!!! Welcome to Slavesville, yes, the Unites States of Slavesville.
I'll add that every eligible American that chooses not to vote deserves what they get as well as they have tacitly agreed to accept the will of others to rule over them rather than execute their duty as a citizen.
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I'll add that every eligible American that chooses not to vote deserves what they get as well as they have tacitly agreed to accept the will of others to rule over them rather than execute their duty as a citizen.
Agree, we had a friend that made a point of telling us he didn't vote and the next time he bitched about how things were going I told him to shut up because until he voted, and I told him I didn't care how, he had no right to complain.
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Agree, we had a friend that made a point of telling us he didn't vote and the next time he bitched about how things were going I told him to shut up because until he voted, and I told him I didn't care how, he had no right to complain.
The old axiom is that Americans vote with their pocket books. At last glance 58% of us have 401K's or IRA's. The entire populus needs to look at the high between January and November 2020. Becuase if Biden is elected, it will be likely the inflation/contribution adjusted high water mark for their entire lifetime.
A Biden victory puts me in position of advocating an extreme bear outlook. Whether this will be in the form of a equity meltdown or hyper-inflationary spiral is yet to be seen. Sadly your very few of the people in this country understands basic economics. And one of the most cardinal rules of economics is when you spend way past your means, typically leads to bankruptcy.
We are a bankrupt country right now.... It's just a fact the consequences have not caught up to the dirty deed.
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I'll add that every eligible American that chooses not to vote deserves what they get as well as they have tacitly agreed to accept the will of others to rule over them rather than execute their duty as a citizen.
What a load of crap.
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Agree, we had a friend that made a point of telling us he didn't vote and the next time he bitched about how things were going I told him to shut up because until he voted, and I told him I didn't care how, he had no right to complain.
Again, this is error.
The only demand the voter must fulfill, according to the founders, is to cast their vote with every judgement of conscience
If one conscientiously abstains - cannot vote for either when conscience stands in the way, the legitimacy of that abstention is every bit as valid as a vote.
In fact, the left and right do not exchange many votes. the difference is brought in the independents and in those who do not normally vote.
So abstention - Joining the mass that will not bother ti vote is in itself a statement on the legitimacy of the current race. If no one shows up (as happened in 2016) That serves to deny mandate, even if the win is not close. In that, even abstention has function.
in the end, the buyer is always right.If a campaign does not have the power to sway minds and influence people toward action, that campaign deserves what it gets.
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Agree, we had a friend that made a point of telling us he didn't vote and the next time he bitched about how things were going I told him to shut up because until he voted, and I told him I didn't care how, he had no right to complain.
I know someone like that too. His reason for not voting is he doesn’t want to do jury duty. I liked jury duty the one time I did it. I hope I get called again.
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Again, this is error.
The only demand the voter must fulfill, according to the founders, is to cast their vote with every judgement of conscience
If one conscientiously abstains - cannot vote for either when conscience stands in the way, the legitimacy of that abstention is every bit as valid as a vote.
In fact, the left and right do not exchange many votes. the difference is brought in the independents and in those who do not normally vote.
So abstention - Joining the mass that will not bother ti vote is in itself a statement on the legitimacy of the current race. If no one shows up (as happened in 2016) That serves to deny mandate, even if the win is not close. In that, even abstention has function.
in the end, the buyer is always right.If a campaign does not have the power to sway minds and influence people toward action, that campaign deserves what it gets.
In all too many cases, not voting is only a measure of apathy.
I get it that in yours it is a vote for "None of the Above", but I think overall that signal may get lost in the noise of those who don't care. (Except among those of us who know what you are thinking on the issue).
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In all too many cases, not voting is only a measure of apathy.
I get it that in yours it is a vote for "None of the Above", but I think overall that signal may get lost in the noise of those who don't care. (Except among those of us who know what you are thinking on the issue).
And that apathy is whose fault? When someone doesn't want your product, is not excited to go get your product, where does that blame lie?
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100 years ago, suffragettes fought for the right for women to vote.
I do feel sad when women don’t vote. Our grandmothers, and great grandmothers went through all that so we could vote. And so many don’t show up at the polls like they couldn’t be bothered.
I feel we let down our grandmas and great grandmas
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Again, this is error.
The only demand the voter must fulfill, according to the founders, is to cast their vote with every judgement of conscience
If one conscientiously abstains - cannot vote for either when conscience stands in the way, the legitimacy of that abstention is every bit as valid as a vote.
In fact, the left and right do not exchange many votes. the difference is brought in the independents and in those who do not normally vote.
So abstention - Joining the mass that will not bother ti vote is in itself a statement on the legitimacy of the current race. If no one shows up (as happened in 2016) That serves to deny mandate, even if the win is not close. In that, even abstention has function.
in the end, the buyer is always right.If a campaign does not have the power to sway minds and influence people toward action, that campaign deserves what it gets.
You are entitled to your own opinion, but not to your own facts. Mike Pence October 7, 2020
Let each citizen remember at the moment he is offering his vote that he is not making a present or a compliment to please an individual - or at least that he ought not so to do; but that he is executing one of the most solemn trusts in human society for which he is accountable to God and his country.
Samuel Adams: Essay in the Boston Gazette, April 16, 1781
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You are entitled to your own opinion, but not to your own facts. Mike Pence October 7, 2020
Let each citizen remember at the moment he is offering his vote that he is not making a present or a compliment to please an individual - or at least that he ought not so to do; but that he is executing one of the most solemn trusts in human society for which he is accountable to God and his country.
Samuel Adams: Essay in the Boston Gazette, April 16, 1781
Thank you for making my point.
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I know someone like that too. His reason for not voting is he doesn’t want to do jury duty. I liked jury duty the one time I did it. I hope I get called again.
If your friend didn't register to vote to avoid Jury Duty, then he's a dolt because most states now use the Drivers License database to select potential Jurors.
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Thank you for making my point.
He made his, too. Stated another way: You both have good points.
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He made his, too. Stated another way: You both have good points.
Both cannot be true.
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And that apathy is whose fault? When someone doesn't want your product, is not excited to go get your product, where does that blame lie?
That apathy goes from the POTUS election right down to county commissioners, initiated measures at the state and local level, bond issues, etc.
It isn't even a question of wanting or not wanting a product, it's a question of being distracted, lazy, ill- or completely un-informed, of failures in education and media which are likely intentional, and people who can give you the stats on every player, past and present for a sports team 700 miles away, or can name every cheat code in every version of half a dozen video games, but can't name their own county commissioners.
They say politics is "too complicated". Most of them couldn't tell you what's in the first, third, or fifth Amendment. No bloody clue.
People have been TRAINED to be apathetic. When is the last time you heard of kids getting a Civics Class, (they called it "Government" for a while, and I don't know if they even get that any more.) The only history they hear any more is how the people who turned this land into one of the most powerful countries in history are "evil" and "rasis" and should be paying other people for the opportunities they've provided. When all they get from their teevee is lies and distortions, what do you expect? They have been convinced in an all out PSYOP to believe nothing they do will make any difference, unless they are from one of the violent and seditious groups that marches in lockstep with the very crap we fight against.
This is no accident. With that apathy comes a somnolent neutrality.
Try talking with any of them about a local ordinance that affects them and their eyes glaze over, but they can cite the baseball or football rulebook, chapter and verse.
So, start with the school board elections and go up from there. But people don't have time with all the other distractions or the energy from making a living (in some cases) to bother. They have been bought with bread and circuses.
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That apathy goes from the POTUS election right down to county commissioners, initiated measures at the state and local level, bond issues, etc.
It isn't even a question of wanting or not wanting a product, it's a question of being distracted, lazy, ill- or completely un-informed, of failures in education and media which are likely intentional, and people who can give you the stats on every player, past and present for a sports team 700 miles away, or can name every cheat code in every version of half a dozen video games, but can't name their own county commissioners.
They say politics is "too complicated". Most of them couldn't tell you what's in the first, third, or fifth Amendment. No bloody clue.
People have been TRAINED to be apathetic. When is the last time you heard of kids getting a Civics Class, (they called it "Government" for a while, and I don't know if they even get that any more.) The only history they hear any more is how the people who turned this land into one of the most powerful countries in history are "evil" and "rasis" and should be paying other people for the opportunities they've provided. When all they get from their teevee is lies and distortions, what do you expect? They have been convinced in an all out PSYOP to believe nothing they do will make any difference, unless they are from one of the violent and seditious groups that marches in lockstep with the very crap we fight against.
This is no accident. With that apathy comes a somnolent neutrality.
Try talking with any of them about a local ordinance that affects them and their eyes glaze over, but they can cite the baseball or football rulebook, chapter and verse.
So, start with the school board elections and go up from there. But people don't have time with all the other distractions or the energy from making a living (in some cases) to bother. They have been bought with bread and circuses.
Yes, to a great degree, what you say is true. But also has always been true. What I would point to is the Conservative juggernaut. Every single time, when Conservatives DO hear the clarion call, it is because the Conservative message is sung perfectly, like a song. I point to Reagan, the '94 elections, and the TEA party... In every case, Conservative ranks swelled to unconquerable potential.
Where do all those votes come from, do you suppose?
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Yes, to a great degree, what you say is true. But also has always been true. What I would point to is the Conservative juggernaut. Every single time, when Conservatives DO hear the clarion call, it is because the Conservative message is sung perfectly, like a song. I point to Reagan, the '94 elections, and the TEA party... In every case, Conservative ranks swelled to unconquerable potential.
Where do all those votes come from, do you suppose?
Ronald Reagan signed bills that increased the National Debt. You should be against him?
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Yes, to a great degree, what you say is true. But also has always been true. What I would point to is the Conservative juggernaut. Every single time, when Conservatives DO hear the clarion call, it is because the Conservative message is sung perfectly, like a song. I point to Reagan, the '94 elections, and the TEA party... In every case, Conservative ranks swelled to unconquerable potential.
Where do all those votes come from, do you suppose?
People who think that, just maybe, this time, they might have a fighting chance to get someone in who will make a difference. The disappointment in the Freshman class the TEA party movement ushered in was profound and justified. Some of the had all the symptoms of Beltway Fever before they were even sworn in.
I think that did more to reinforce the attitude that nothing would make a difference, anyway, so why bother? There's your apathy, rooted in perfidy.
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I am still hopeful that conservatives decide to work on a "Big Ticket" boycott of a Biden economy, in case he wins.
So much campaign rhetoric is wedged in unemployment, CPI, GDP, etc. numbers. Time to squeeze these socialist by the balls, and make them squeal.
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Ronald Reagan signed bills that increased the National Debt. You should be against him?
Yeah, I was hoppin mad about that.
But 40 years in the desert - 40 years without conservative control of congress is whole orders of magnitude different from today. They have had the whole government, ALL houses in their control, and have done NOTHING. To include this administration.
And secondly, Reagan was the ESTABLISHMENT of the current Conservative awakening. What he did was less defining than what he said at the time... What he said matured long after his office.
So 'well, Reagan did it' is a damn poor excuse. And doubly ignorant.
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People who think that, just maybe, this time, they might have a fighting chance to get someone in who will make a difference. The disappointment in the Freshman class the TEA party movement ushered in was profound and justified. Some of the had all the symptoms of Beltway Fever before they were even sworn in.
I think that did more to reinforce the attitude that nothing would make a difference, anyway, so why bother? There's your apathy, rooted in perfidy.
Certainly, why bother with LESS, to be sure.
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And still unanswered from my adjacent comments: Where did those votes come from?
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Yeah, I was hoppin mad about that.
But 40 years in the desert - 40 years without conservative control of congress is whole orders of magnitude different from today. They have had the whole government, ALL houses in their control, and have done NOTHING. To include this administration.
And secondly, Reagan was the ESTABLISHMENT of the current Conservative awakening. What he did was less defining than what he said at the time... What he said matured long after his office.
So 'well, Reagan did it' is a damn poor excuse. And doubly ignorant.
I guess maybe that's why I asked for enlightenment. :shrug:
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I guess maybe that's why I asked for enlightenment. :shrug:
Similar to the crap accusing him of pro-abortion and amnesty - The devil ain't in the details on this stuff. It's in the broad strokes.
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Thank you for making my point.
Of course that is your opinion, but once again, the factual evidence of what Adams says is in variance to what you express.
Adams is talking about voting, and you are talking about abstaining to vote, so your statements are irrelevant and in fact erroneous to what you propagandized as factual.
Your statement that 'according to the Founders' is not supported by Adams.
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Of course that is your opinion, but once again, the factual evidence of what Adams says is in variance to what you express.
Adams is talking about voting, and you are talking about abstaining to vote, so your statements are irrelevant and in fact erroneous to what you propagandized as factual.
Your statement that 'according to the Founders' is not supported by Adams.
No, Adams is talking about conscience.
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No, Adams is talking about conscience.
Wrong again, but who's counting?
He is talking about voting using one's conscience to not vote for an individual, but to vote for what is good for the country.
Note he is not talking about abstaining to vote.
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Wrong again, but who's counting?
He is talking about voting using one's conscience to not vote for an individual, but to vote for what is good for the country.
Note he is not talking about abstaining to vote.
No. Adams is not telling you to solemnly decide before God between a sh*t sandwich and a turd burger.
If none of what's on the ballot is good for the country, then abstaining is all one can do... And that is what I will do... To borrow from Luther with the same meaning and emphasis: Here I stand, I can do no other.
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I'll add that every eligible American that chooses not to vote deserves what they get as well as they have tacitly agreed to accept the will of others to rule over them rather than execute their duty as a citizen.
@IsailedawayfromFR
888high58888 888high58888 888high58888 888high58888
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****slapping
What a load of crap.
@roamer_1
How are you going to post to TBR when you are holed up hiding in your cave up in the mountains,while other people do your fighting for you?
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Again, this is error.
@roamer_1
You just keep telling yourself that if that's what you need to do to make it through the day,but you are too smart to really believe it.
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I know someone like that too. His reason for not voting is he doesn’t want to do jury duty. I liked jury duty the one time I did it. I hope I get called again.
@Gefn
I've been called twice,and got picked neither time.
Then again,most of the local authorities know me,and know that I consider "the law" to usually have nothing to do with justice. They want people they know they can count on to convict "because if he wadn't guilty,why they be arresting him?"
I ain't one of those people.
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Again, this is error.
The only demand the voter must fulfill, according to the founders, is to cast their vote with every judgement of conscience
Ahhh,now you are reduced to declaring the government the ultimate authority on right and wrong.
Good to know.
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****slapping
@roamer_1
How are you going to post to TBR when you are holed up hiding in your cave up in the mountains,while other people do your fighting for you?
I would be more likely to fight than many here. The difference being the cause. If you think I will fight for Republicans thinking they are better Democrats than the Democrats, NOPE. Not my circus there.
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100 years ago, suffragettes fought for the right for women to vote.
I do feel sad when women don’t vote. Our grandmothers, and great grandmothers went through all that so we could vote. And so many don’t show up at the polls like they couldn’t be bothered.
gef
@Gefn
And when they do,too often they vote for the "handsomest candidate",or the one with the "cutest kids".
Ever seen women attending a Ted Kennedy campaign event being interviewed by a reporter asking truly deep,probing questions about why they were voting for Ted?
They gave answers like "He's so handsome! All the Kennedy men are handsome and so charming,I just love them!"
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@roamer_1
You just keep telling yourself that if that's what you need to do to make it through the day,but you are too smart to really believe it.
No, I believe it with every fiber of my being. To sully my vote for the likes of this Republican administration or party would be a travesty. I will NOT endorse the pillaging of my neighbors' wealth.
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Ahhh,now you are reduced to declaring the government the ultimate authority on right and wrong.
Good to know.
No. Adams says I must consider my vote as a solemnity before God. Assuming his is the same god as mine, which is a fair assumption, that would be the authority to which he refers and appeals.
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I am still hopeful that conservatives decide to work on a "Big Ticket" boycott of a Biden economy, in case he wins.
So much campaign rhetoric is wedged in unemployment, CPI, GDP, etc. numbers. Time to squeeze these socialist by the balls, and make them squeal.
@catfish1957
Kinda late to do that after our last election,ain't it?
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I would be more likely to fight than many here. The difference being the cause.
@roamer_1
No,the difference will be they will have to go looking for you in some cave up in the mountains.
Kinda late to start fighting after the "war" is over.
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@roamer_1
No,the difference will be they will have to go looking for you in some cave up in the mountains.
Kinda late to start fighting after the "war" is over.
Nah - Once my family is out of the way, I'll be back. Well within a mile of it or so.
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I just can't see the markets doing well with Biden, consdering the last downturn this spring was due to governors shutting down their states and grinding their economies to a halt.
With Biden that risk will be much more of a possible reality than with Trump, and that risk will be factored into the markets if he wins.
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Ronald Reagan signed bills that increased the National Debt. You should be against him?
We've gone exponentially past that deficit spending... Ending the cold war was expensive but it would have been much more expensive to continue. What war are we trying to win with the current level of deficit spending? What's the return on that spending?
We're committing national suicide. The only offered choice is how fast.
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I just can't see the markets doing well with Biden, consdering the last downturn this spring was due to governors shutting down their states and grinding their economies to a halt.
With Biden that risk will be much more of a possible reality than with Trump, and that risk will be factored into the markets if he wins.
The market goes up when government spends like a banshee because the currency is devalued. I learned that the hard way under Obama. As it is devalued it takes more money to purchase things, including stocks. So the markets going up can be an illusion of positive progress when in fact is the falling of the dollar.
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The market goes up when government spends like a banshee because the currency is devalued. I learned that the hard way under Obama. As it is devalued it takes more money to purchase things, including stocks. So the markets going up can be an illusion of positive progress when in fact is the falling of the dollar.
True, but that will be outfactored if the economy takes another dive due to Democrat powermongering.
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And still unanswered from my adjacent comments: Where did those votes come from?
People who thought they might have (again) a fighting chance to set things right, like Charlie Brown going to really, really, kick the football, this time.
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People who thought they might have (again) a fighting chance to set things right, like Charlie Brown going to really, really, kick the football, this time.
Right. My point being they came from the great unwashed. They weren't stolen from the Democrats. They came from folks busy with their lives that heard the call and went in, REGISTERED, and VOTED for the first time in a while. By MILLLIONS.
JUST the Christians who tend to be fairly responsible, swell WAY beyond the normal 30m or so... How many people swelled the ranks to Taxed Enough Already??? That was also way more than normal.
They come from the disenfranchised non-voters. and that has never built a juggernaut for the RIGHT by playing to the LEFT.
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@catfish1957
Kinda late to do that after our last election,ain't it?
My suggestion is for conservatives witholding sales, impacting numbers, helping deep 6 Biden's stats as they come 2021-2024.
Snake Face Carville did nail one deep political truth.... "Its the economy stupid"