US election & stock markets

Thrugelmir

Two seats in Georgia might well decide the issue, and the outcome won't be known until January. 

Bobziz

Thrugelmir said:

Two seats in Georgia might well decide the issue, and the outcome won't be known until January. 

Indeed, and a stimulus package still to be agreed. Trump will be in no mood to concede any ground. 

coachman12

Bobziz said:

Thrugelmir said:

Two seats in Georgia might well decide the issue, and the outcome won't be known until January. 

Indeed, and a stimulus package still to be agreed. Trump will be in no mood to concede any ground. 

Thrugelmir is referring to 2 SENATE seats in Georgia that will decide the balance of power only in the Senate. So referring to Trump being in no mood to concede any ground is not applicable, as it has nothing to do with the Presidential Election and a new President will have been (or close ) sworn in by time of the 2 Georgia votes. You seem to be confusing Presidential Election, now over (even if there are any silly legal challenges) with the Senate Elections, which have nothing to do with Trump. As for the stimulus package , that lies mainly between Pelosi and McConnell ( at least till January) and may have been settled before the final Senate composition has been finally decided.

Bobziz

coachman12 said:

Bobziz said:

Thrugelmir said:

Two seats in Georgia might well decide the issue, and the outcome won't be known until January. 

Indeed, and a stimulus package still to be agreed. Trump will be in no mood to concede any ground. 

Thrugelmir is referring to 2 SENATE seats in Georgia that will decide the balance of power only in the Senate. So referring to Trump being in no mood to concede any ground is not applicable, as it has nothing to do with the Presidential Election and a new President will have been (or close ) sworn in by time of the 2 Georgia votes. You seem to be confusing Presidential Election, now over (even if there are any silly legal challenges) with the Senate Elections, which have nothing to do with Trump. As for the stimulus package , that lies mainly between Pelosi and McConnell ( at least till January) and may have been settled before the final Senate composition has been finally decided.

No, my point related to the senate approving a stimulus package and Trump not conceding ground on that. Markets have been looking for a deal for some time, and it doesn't look like it's going to get agreed anytime soon now.

John464

Apart from our own mini-Trump, are there any other Conservative politicians so bad that stock markets prefer their left wing rival?

John464

Only thing holding the markets back is fear of what Trump will do before he is ousted
https://www.advocate.com/commentary/2020/10/23/trumps-lame-duck-months-could-be-americas-scariest-era

The_Green_Hornet

John464 said:

Only thing holding the markets back is fear of what Trump will do before he is ousted
https://www.advocate.com/commentary/2020/10/23/trumps-lame-duck-months-could-be-americas-scariest-era

The markets are being held back?

John464

Yes - I would expect them to have risen more without the fear of what Trump will do before he goes.

Takedap

John464 said:

Yes - I would expect them to have risen more without the fear of what Trump will do before he goes.

Do his actions since the election put him in danger of being removed via the 25th amendment?  I think it's getting easier to make this case.

Sailtheworld

I'm hoping to be spending money that's currently invested today when the US has its 53rd President and Trump & Biden will be long departed. What the markets did or what someone thought they'd do on the 9th November 2020 will be an irrelevance. Did Trump eventually concede with the good grace and humility that nobody thought he had - nobody will care.

24 hour news and Twitter are tools which reduce people's long term gains.