The market was down 650 points on Monday, 222 points yesterday, and futures are down over 500 this morning.
Is this just a normal reaction to rising Covid-19 cases and no stimulus deal, or are the powers that be engineering an election week stock market crash to drive a stake into Trump’s re-election chances?
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With the ‘leaders’ we have always expect the worst and most devious alternative-Trump’s reelection.
The market is a fraud. Has been a fraud. And will be a fraud. Until the fraudsters are gone.
SeeBee typed that.
Is this a rhetorical question?
Once the election and attendant chaos is over and the panic sell-off ends, all the blue chip corporations (Apple, Microsoft, Amazon, Google, etc) will swoop in and buy back their own stock at bargain prices, lifting the market with them.
This is all a big game.
Big rigged game, Kid.
If Trump is such an enemy to TPTB why has the Fed propped up this zombie market and propped up the labor market for the past 4 years? To suggest that now – after 70 million people have already voted – they are trying to sabotage him is ridiculous. They had 4 years to crater his economy, but they waited until 6 days before an election?
That’s because there’s still more to take and people still have guns. If Biden wins, not so much. They’ll loot the country and then let it crash as they hide in their hidey-holes.
You do realize that it doesn’t matter to the Fed who wins the election…..right?
Exactly.
Sounds more like killing the economy to get Trump out.
The “markets” officially have the covid!
The market declines are too small–a few percent–and probably come too late to make any difference. Only if we get an absolute crash–Friday or Monday?–would the stock market affect Trump’s chances.
A slight reaction to the coming chaos when all the peaceful Marxist protesters go crazy after the election?
The markets are starting to acclimate to a Biden victory. He has told us he will raise taxes on the corp and the “rich” and he has plans to spend Trillion$ & Trillion$ on giveaway programs. They are taking gains they have made and positioning themselves for the decimation that will come from a Biden win, change of Senate and increase in House majority.
If Biden wins, they will watch as prices drop until they see an opportunity to buy back in. If they are wrong, they will have their profits and can jump back in at a lower price next week.
It’s called Hedging.
It’s because there *is an election* and this time, no matter who wins, someone is going to be very, very unhappy.
My answer, the selected POTUS puppet is ALWAYS their (TPTB) guy, just as it was their guy in all the past selections.
If there is a painful market correction to barb Trump then you can surmise they have chosen the braindead other LARPer to play POTUS on tv.
It is not up to us who is selected. Keep playing and believe in the system………..SUCKERS.
Current DOW- -778.05
How far will it drop, only the owners know.
BL.
Right. If “They” wanted the Dems to win they would have run someone who could at least force a tie in real electoral votes and use our great grandparents to put them over the finish line.
As Pie says below, Trump keeps the right sedated. As long as Trump is in there is no danger of any armed and dangerous revolt not sanctioned by “Them”.
Everything that is happening this week (Hunter Biden laptop, stock market, riots, etc) is designed to ensure a very narrow Trump victory. Trump will win, but probably lose the popular vote (again). The NWO wants Trump to win again to neutralize the (armed) Right, at least for now. They also want the Left to feel they were robbed again, which will increase the TDS and rioting. Eventually, when the NWO is ready for outright civil war, they will remove Trump (via impeachment, 25th Amendment, or some other means), and probably arrange somehow to install Nancy Pelosi (or even Hillary) as president. This will cause the Right to finally fight back. It is all part of their plan (along with the COVID-19 scamdemic tyranny) for a One World Government, and they will be successful.
Reasonable situation assessment, Pie. Quite possible.
I don’t think it’s a managed crash to take down Trump. Greg Mannarino’s youtube market update this morning makes the most sense. On Monday the Whitehouse Chief of Staff Mark Meadows said that we didn’t have CONvid under control. Europe is shutting down again. The market algos don’t like uncertainty. That’s all it is. A big nothingburger unless you are a day trader on the wrong side of the trade. If they were going to crash the market to take Trump down, they should have done it a month ago.
The Fed is just covering its ass.
They are trying to drive a stake. Timing is a little suspect but consistent with all the sky is falling news since Monday about the pandemic. Record cases, uptick in deaths, hospital bed shortages, super spreader events, and on and on. A lot of choreography with the folks providing they narrative on what we need to be afraid of each day.
Sold & went mostly to cash a few weeks ago. Told my wife we are sitting this one out for a while as I have no confidence in things presently.
Low interest rates plus high unemployment just doesn’t add up to a housing boom to me. I’ve watched property prices rise dramatically in the area I’m hoping to flee Pennsyltucky for. Makes no sense.
I may start putting some back in at the 24000’s. My financial advisor I fired a few months ago hasn’t taken me off his mailing list. He’s advising everyone to sit tight and remain in the market.
That’s why he’s my former advisor.