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empedocles

(15,751 posts) Thu Sep 17, 2020, 09:56 AM Sep 2020

DJIA down 325 at 9:50. S&P, NAS, down lil more

Time will tell.

[This is an important Prez indicator. More than people who believe it is 'the economy, more than 401, but over the decades - more reliable than any other economic stat. Re-elections especially].

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DJIA down 325 at 9:50. S&P, NAS, down lil more (Original Post) empedocles Sep 2020 OP

There was a stat I read a few weeks Jspur Sep 2020 #1

Seen several studies. Upshot is; DJIA at 30,000 trump has excellent chance, empedocles Sep 2020 #2

Jspur

(578 posts)

1. There was a stat I read a few weeks

Reply to empedocles (Original post)

Thu Sep 17, 2020, 10:20 AM

Sep 2020

ago that if the stock market is up a few months prior to the election then the incumbent president wins like over 90 percent of the time. The market was up a few months ago but since the start of September has gone down by 10 percent which is a big drop. It still hasn't rebounded since the big hit it took at the start of September. If it continues to under perform it could definitely impact Trump in a negative way.

empedocles

(15,751 posts)

2. Seen several studies. Upshot is; DJIA at 30,000 trump has excellent chance,

Reply to Jspur (Reply #1)

Thu Sep 17, 2020, 10:24 AM

Sep 2020

DJIA at 22,000 trump in desperate shape.

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