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  3. Best Stock Market Since Election in 75 Years

Best Stock Market Since Election in 75 Years

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  • X xenon
    3 May 2021, 16:34

    @horace said in Best Stock Market Since Election in 75 Years:

    Yes there are a lot of variables. One of which, an important one, is policy, especially tax policy. No amount of digging one's heels into the notion that elections don't matter for the stock market, will change that.

    It's not that it doesn't matter. As you said though - it's one variable among many.

    It'd be like talking about putting together a championship football team, and we keep talking about the kicker (The President).

    Sure - it matters to have a good kicker. But it's one small aspect.

    H Offline
    H Offline
    Horace
    wrote on 3 May 2021, 16:38 last edited by
    #17

    @xenon said in Best Stock Market Since Election in 75 Years:

    @horace said in Best Stock Market Since Election in 75 Years:

    Yes there are a lot of variables. One of which, an important one, is policy, especially tax policy. No amount of digging one's heels into the notion that elections don't matter for the stock market, will change that.

    It's not that it doesn't matter. As you said though - it's one variable among many.

    It'd be like talking about putting together a championship football team, and we keep talking about the kicker (The President).

    Sure - it matters to have a good kicker. But it's one small aspect.

    Ok. That's an attempt to quantify the importance of a president to the stock market. Duly noted. I certainly agree that free market capitalism is a much more important player. Tax policy is like a weight of some size, be it small or large, tied to the ankles of every player on the field.

    Education is extremely important.

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    • A Axtremus
      2 May 2021, 11:59

      Thanks, @LuFins-Dad. If you are at liberty to talk about it ... are piano prices, digital and acoustic alike, undergoing inflation too?

      The acoustic ones sure use a lot of lumber and metal, and the digital ones use microchips, something that’s reported to be in short supply.

      L Offline
      L Offline
      LuFins Dad
      wrote on 3 May 2021, 16:50 last edited by
      #18

      @axtremus said in Best Stock Market Since Election in 75 Years:

      Thanks, @LuFins-Dad. If you are at liberty to talk about it ... are piano prices, digital and acoustic alike, undergoing inflation too?

      The acoustic ones sure use a lot of lumber and metal, and the digital ones use microchips, something that’s reported to be in short supply.

      Let's just say that if you are considering buying a piano in the next few years, you may want to speed up the process.

      The Brad

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      • L Offline
        L Offline
        Loki
        wrote on 3 May 2021, 19:14 last edited by
        #19

        Let’s say the stock market corrects by 30%? I’d say it’s enough of a risk based on Biden’s spending ask that folks here better keep some of their powder dry because they may be inadvertently proving the opposite of what is written here.

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        • M Away
          M Away
          Mik
          wrote on 3 May 2021, 19:24 last edited by
          #20

          We need to let the economy cool down from all the funny money before dumping a bunch more in.

          “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

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          • L Offline
            L Offline
            Loki
            wrote on 3 May 2021, 19:32 last edited by Loki 5 Mar 2021, 19:33
            #21

            You can’t find people to paint, build, renovate etc these days. There are not enough drivers for gas trucks.

            Inflation is here, big time. Look at the lack of “sale” prices on items and in your grocery store.

            We are in a bubble, costs are going way up. What it means for this year and when on the financial markets is anyone’s guess. It will all be obvious in retrospect.

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            • H Offline
              H Offline
              Horace
              wrote on 3 May 2021, 19:45 last edited by
              #22

              Stock prices rise with inflation, as LD pointed out.

              Education is extremely important.

              1 Reply Last reply
              • L Offline
                L Offline
                LuFins Dad
                wrote on 4 May 2021, 00:29 last edited by
                #23

                Inflation hurts bonds and savings more than anything else. Retirees are stuck with a pretty shitty choice right now.

                The Brad

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                • L Offline
                  L Offline
                  LuFins Dad
                  wrote on 4 May 2021, 00:30 last edited by
                  #24

                  I don’t think we’ll see hyper-inflation, but 7-10%? Hell yeah....

                  The Brad

                  J 1 Reply Last reply 4 May 2021, 00:54
                  • L LuFins Dad
                    4 May 2021, 00:30

                    I don’t think we’ll see hyper-inflation, but 7-10%? Hell yeah....

                    J Offline
                    J Offline
                    Jolly
                    wrote on 4 May 2021, 00:54 last edited by
                    #25

                    @lufins-dad said in Best Stock Market Since Election in 75 Years:

                    I don’t think we’ll see hyper-inflation, but 7-10%? Hell yeah....

                    And, since everything is political, what does that do to Mr. Biden and his party?

                    “Cry havoc and let slip the DOGE of war!”

                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                    T 1 Reply Last reply 5 May 2021, 00:44
                    • J Jolly
                      4 May 2021, 00:54

                      @lufins-dad said in Best Stock Market Since Election in 75 Years:

                      I don’t think we’ll see hyper-inflation, but 7-10%? Hell yeah....

                      And, since everything is political, what does that do to Mr. Biden and his party?

                      T Offline
                      T Offline
                      taiwan_girl
                      wrote on 5 May 2021, 00:44 last edited by
                      #26

                      @jolly said in Best Stock Market Since Election in 75 Years:

                      @lufins-dad said in Best Stock Market Since Election in 75 Years:

                      I don’t think we’ll see hyper-inflation, but 7-10%? Hell yeah....

                      And, since everything is political, what does that do to Mr. Biden and his party?

                      If that happens, the Democrats will lose the President, Senate, and Representatives for sure.

                      J 1 Reply Last reply 5 May 2021, 00:47
                      • T taiwan_girl
                        5 May 2021, 00:44

                        @jolly said in Best Stock Market Since Election in 75 Years:

                        @lufins-dad said in Best Stock Market Since Election in 75 Years:

                        I don’t think we’ll see hyper-inflation, but 7-10%? Hell yeah....

                        And, since everything is political, what does that do to Mr. Biden and his party?

                        If that happens, the Democrats will lose the President, Senate, and Representatives for sure.

                        J Offline
                        J Offline
                        Jolly
                        wrote on 5 May 2021, 00:47 last edited by
                        #27

                        @taiwan_girl said in Best Stock Market Since Election in 75 Years:

                        @jolly said in Best Stock Market Since Election in 75 Years:

                        @lufins-dad said in Best Stock Market Since Election in 75 Years:

                        I don’t think we’ll see hyper-inflation, but 7-10%? Hell yeah....

                        And, since everything is political, what does that do to Mr. Biden and his party?

                        If that happens, the Democrats will lose the President, Senate, and Representatives for sure.

                        Actually, if you look at current inflation numbers, we are already experiencing double digit inflation.

                        “Cry havoc and let slip the DOGE of war!”

                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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