Following a Biden victory, what do you think the stock market will do during the next few months?

[mtnsnake]

I don't own a ton of stocks, but if I did, first thing tomorrow morning I would consider dumping them all.

Trump tweets his lies about the economy as often as he does because his tweets have been influencing the stock market ever since the asshole has been in office. Anytime he tweets his blatant lies about "his" great economy or about the job growth or about anything economy related, a large number of investors seem to suck it up like a vacuum, buy in, and up goes the market. IMO, the market is going to drop significantly once the Liar in Chief is gone. Lardass will be tweeting his lies 24/7 about how awful "Biden's economy" is going to be. Hopefully the media won't give the motherfucker's tweets anywhere near the attention they gave him during the 2016 primaries and the following 4 years.

OTOH, Joe Biden is just too honest to paint an overly rosy picture on an economy that looks like it's going to suffer, thanks to Trump's complete mishandling of the virus and everything else his administration tried to ruin.

Okay, I am far from any expert on stocks, so don't go doing anything based upon my armchair opinion, haha. For all I know, the market could go on to rise like crazy, although I doubt it.

11 votes, 0 passes | Time left: Unlimited
	I think the stock market will go on to rise, but only slightly
	1 (9%)
	I think the stock market will rise dramatically
	4 (36%)
	I think the stock market will drop, but only slightly
	0 (0%)
	I think the stock market will drop dramatically
	1 (9%)
	I think it will fluctuate significantly, up then down then back up, over & over like a roller coaster
	2 (18%)
	I think the stock market will pretty much hold its own, give or take, during the next few months
	3 (27%)
	Other
	0 (0%)
	0 DU members did not wish to select any of the options provided.
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[TwilightZone]

1. Heading upward.

It's already showing positive signs based on the likelihood that Biden is going to win.

[StClone]

2. With Biden's likely win it is up big today

[Squinch]

3. I think it will drop precipitously when all the scaffolds Donny Bodybags put in place are removed,

and then it will recover.

Right now, there are a lot of things propping it up that benefit the richest and no one else.

[kurtcagle]

4. It would be ironic

If the DOW did hit 30K early on Biden's watch. It would be the ultimate slap in the face to Trump.

Honestly, though, I think we're going to see the economy wobble for a while. What's happening is that Covid is forcing an acceleration of trends that would normally take about five years to play it in less than a year, and that in turn is making it hard to establish true valuations. I think the market has priced in a Biden win, and if, by some weird mischance, Biden loses, I think the market is likely to react badly, but right now, I think the market is likely to be far more well disposed towards Biden's stability.

[mtnsnake]

5. I hope you're right about the 30K

Good post.

[Polybius]

6. Probably drop

Unfortunately the stock market is in bed with Trump.

[ProfessorGAC]

7. It Will Do Just Fine

Nothing amazing, but it will return to the typical 9-14%. Analysts & investors like steadiness & consistency in government.
They'll get that with Biden, and money needed printing will go into general consumption, instead of propping up the markets.
They'll be patiently waiting for consumptive stability.

[cemaphonic]

8. Brief rally, then a seesaw for awhile

The market hates uncertainty and anxiety, and we have both in spades right now. There's almost always a bit of a rally following elections, and I don't see this one as being an exception.

But there are still a ton of difficult economic headwinds as the economy struggles with Covid. I don't think we'll se a sustained rise until after a vaccine is widely available, and even then, there are a lot of industries that will be on life support for awhile.

[CozyMystery]

9. I am not selling my stock

Every time I have panicked and sold my stock, it went up a couple of weeks later.

I finally learned from that.

I can't see where Biden winning would hurt the stock market.

Most likely that would happen if we have another 4 years of tRump.

Just my opinion -- and I could be very wrong.