All over the internet and any financial news network.
https://www.google.com/amp/s/www.cnbc.
Wall Street investors largely believe a Joe Biden presidency could mean lower stock-market returns, according to a new CNBC survey.
As a part of CNBC's Quarterly Report, we polled more than 100 chief investment officers, portfolio managers and CNBC contributors who manage money about where they stood on the upcoming year for stocks under a new administration. The survey was conducted from Dec. 14 to Dec. 23.
Two-thirds said the first four years of Biden will be worse for stocks than Trump's term.
All over the internet and any financial news network.
https://www.google.com/amp/s/www.cnbc.
Wall Street investors largely believe a Joe Biden presidency could mean lower stock-market returns, according to a new CNBC survey.
As a part of CNBC's Quarterly Report, we polled more than 100 chief investment officers, portfolio managers and CNBC contributors who manage money about where they stood on the upcoming year for stocks under a new administration. The survey was conducted from Dec. 14 to Dec. 23.
Two-thirds said the first four years of Biden will be worse for stocks than Trump's term.
Doesn’t mean you have to put any ‘stock’ in their opinion though.
The markets have ‘known’ for quite some time there was a great likelihood Biden was going to be president and they have still continued to go up.
The markets also ‘feel’ Republicans keep control of the Senate. However, if that doesn’t happen they may turn downward somewhat.
But, by and large, markets do just fine under Democratic presidents. In fact, you can argue that they perform slightly better. Some of this is due to the lagging effect of previous policies — which, generally, were from a Republican administration still working, or finally kicking in.
Slight difference when Congress is controlled by the same party as the President. But, nonetheless, not enough to change your investment strategy.
Keep on keeping on.
Doesn’t mean you have to put any ‘stock’ in their opinion though.
The markets have ‘known’ for quite some time there was a great likelihood Biden was going to be president and they have still continued to go up.
The markets also ‘feel’ Republicans keep control of the Senate. However, if that doesn’t happen they may turn downward somewhat.
But, by and large, markets do just fine under Democratic presidents. In fact, you can argue that they perform slightly better. Some of this is due to the lagging effect of previous policies — which, generally, were from a Republican administration still working, or finally kicking in.
Slight difference when Congress is controlled by the same party as the President. But, nonetheless, not enough to change your investment strategy.
Keep on keeping on.
One thing everyone with a brain knows is that government spending and money printing is going to go through the roof.
The dollar will continue to be devalued.
Because the dollar will be worth less, stocks will be worth more and houses will cost more.
Bitcoin will go through the roof.
And the people the Democrats claim to care about (poor minorities), the people with no assets, will get absolutely destroyed. Democrats will try to solve the problem by increasing the handouts, printing more money and amplifying the cycle.
One thing everyone with a brain knows is that government spending and money printing is going to go through the roof.
The dollar will continue to be devalued.
Because the dollar will be worth less, stocks will be worth more and houses will cost more.
Bitcoin will go through the roof.
And the people the Democrats claim to care about (poor minorities), the people with no assets, will get absolutely destroyed. Democrats will try to solve the problem by increasing the handouts, printing more money and amplifying the cycle.
Like they say, what other profession can someone be consistently wrong as a meteorologist and an economist — yet, still anxiously listened to every night just as raptly?
But even if they are right in the survey — it doesn’t mean it will even go down. Just that they think it will not perform as well as under Trump.
This is a very safe bet. The market has performed very high for a very long time. It is likely due for a drawback. Even if it goes up — it, likely, will not go up at this pace.
Like they say, what other profession can someone be consistently wrong as a meteorologist and an economist — yet, still anxiously listened to every night just as raptly?
But even if they are right in the survey — it doesn’t mean it will even go down. Just that they think it will not perform as well as under Trump.
This is a very safe bet. The market has performed very high for a very long time. It is likely due for a drawback. Even if it goes up — it, likely, will not go up at this pace.
@I_Need_A_Detox
A lot in this post.
But one thing I do want to point out is that policies that affect the markets and policies that affect the US Dollar can be somewhat different.
For example, there is a somewhat strong correlation to the party of the President and the USD. Usually it will start high under a Republican and end his term down. Usually it will start low under a Democrat and end higher. The correlation is somewhat stronger with a Republican President. Nevertheless, it is something to consider with Biden coming into office.
I realize you have a certain bent or hope because of your Bitcoin. But you have to keep this in mind. The dollar should head back up by the end of Biden’s term.
Of course, nothing is guaranteed. Etc., etc.
@I_Need_A_Detox
A lot in this post.
But one thing I do want to point out is that policies that affect the markets and policies that affect the US Dollar can be somewhat different.
For example, there is a somewhat strong correlation to the party of the President and the USD. Usually it will start high under a Republican and end his term down. Usually it will start low under a Democrat and end higher. The correlation is somewhat stronger with a Republican President. Nevertheless, it is something to consider with Biden coming into office.
I realize you have a certain bent or hope because of your Bitcoin. But you have to keep this in mind. The dollar should head back up by the end of Biden’s term.
Of course, nothing is guaranteed. Etc., etc.
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