Stock Market up 1300 points
#8255560
11/06/24 11:07 AM
11/06/24 11:07 AM
|
Joined: Dec 2011
Posts: 12,047 MT
snowy
OP
trapper
|
OP
trapper
Joined: Dec 2011
Posts: 12,047
MT
|
The business world here around the world have spoken!!
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8255717
11/06/24 01:57 PM
11/06/24 01:57 PM
|
Joined: Dec 2011
Posts: 12,047 MT
snowy
OP
trapper
|
OP
trapper
Joined: Dec 2011
Posts: 12,047
MT
|
Yep everything can change tomorrow in the markets, anything!!! But the markets said a yahoo today in response to the election results today. Less Gov restrictions and a better handling on foreign matters. I see a stronger US from what has happened over night.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8255724
11/06/24 02:07 PM
11/06/24 02:07 PM
|
Joined: Dec 2011
Posts: 12,047 MT
snowy
OP
trapper
|
OP
trapper
Joined: Dec 2011
Posts: 12,047
MT
|
I do know the world outside of US what I have read is a glad on their financial part. China will be tariff bound which helps other countries sell goods to us instead of China. Biden middle name was China.
We will see a stronger US dollar in 4 years is my 2˘.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8255745
11/06/24 02:29 PM
11/06/24 02:29 PM
|
Joined: Oct 2007
Posts: 373 North Central Kansas
Orlando
trapper
|
trapper
Joined: Oct 2007
Posts: 373
North Central Kansas
|
Just watch. Four years from now, the democrats will try to take credit for the economy saying it happened due to policies put in place by Biden...
Nature is reckless of the individual. Aldo Leupold.
|
|
|
Re: Stock Market up 1300 points
[Re: Orlando]
#8255771
11/06/24 03:05 PM
11/06/24 03:05 PM
|
Joined: Feb 2020
Posts: 11,850 Indiana
Providence Farm
trapper
|
trapper
Joined: Feb 2020
Posts: 11,850
Indiana
|
Just watch. Four years from now, the democrats will try to take credit for the economy saying it happened due to policies put in place by Biden... that will be in 2 years at mid terms I'm guessing.
|
|
|
Re: Stock Market up 1300 points
[Re: white17]
#8256022
11/06/24 09:13 PM
11/06/24 09:13 PM
|
Joined: May 2010
Posts: 11,246 MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 11,246
MN
|
But it isn't as rosy as it appears. Lots of red in certain sectors of US companies.
Wait for the other shoe to drop tomorrow at 2:30 eastern time when Powell starts speaking What's your gut feeling? Rate cut?
"Gold is money, everything else is just credit" JP Morgan
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8256097
11/06/24 11:14 PM
11/06/24 11:14 PM
|
Joined: May 2011
Posts: 19,109 Oakland, MS
yotetrapper30
trapper
|
trapper
Joined: May 2011
Posts: 19,109
Oakland, MS
|
I'm sure there'll be a rate cut. Hopefully only 25bp.
Just give me one thing, that I can hold on to. To believe in this livin' is just a hard way to go.
|
|
|
Re: Stock Market up 1300 points
[Re: white17]
#8256180
11/07/24 07:15 AM
11/07/24 07:15 AM
|
Joined: Mar 2010
Posts: 6,869 2A Sanctuaries-W. OK & N. NM
Blaine County
trapper
|
trapper
Joined: Mar 2010
Posts: 6,869
2A Sanctuaries-W. OK & N. NM
|
I'm not sure it's so much because of the result as it is because the election is now over.........FINALLY ! Agree with this. It was a good day in the market but we still have a bumpy economic road ahead of us. Regardless, it was a good day to check the dashboard.
|
|
|
Re: Stock Market up 1300 points
[Re: snowy]
#8256200
11/07/24 08:04 AM
11/07/24 08:04 AM
|
Joined: Dec 2010
Posts: 12,143 Armpit, ak
Dirt
trapper
|
trapper
Joined: Dec 2010
Posts: 12,143
Armpit, ak
|
I read the other day that investors are worried rate cuts will slow as two policies of the Trump presidency will be inflationary. Tariffs and tax cuts (or more like tax credits these days) Not sure I agree tax cuts will be inflationary, just increased debt.
Who is John Galt?
|
|
|
|
|