On March 17-18, there will be another FED meeting and the interest rate may be lowered, but if they don't reduce it the markets will be hurt. They don't have much space now at 1% and the fourth rate cut will lead to zero-zero or even negative.
Soon the presidential election, the correlation is 100% if the candidate wants to be re-elected and there has been a recession in the financial markets during this time, the president has never been re-elected in conditions like this.
Mr. Trump in one of his main speeches said: "buy shares". He constantly has commented on the market and in the end, Trump will approach the election with a negative economic market condition.
I think it will harm his chance to be re-elected president again.
When he was in Europe, he said he liked negative rates. Mr. Trump tweeted when Obama was still president that if some president lets Dow Jones drop over 1,000 points happen, you had to shove him in a gun and shoot him in space.
Now the Dow Jones drops 1,000 points every day. The market isn't feverish now because of the coronavirus, the markets aren't looking at the virus anymore, everybody's focusing on the election.
Biden said he'd take Michelle Obama in the team. But it's not gonna help much as I think it will. Michael Bloomberg withdrew his candidacy, Elizabeth Warren withdrew her too. In my opinion, he'd be a good rival against Mr. Trump, the other candidates are losing.
Let's see how it goes, I am not a politician and I am not a US resident.
That's my subjective opinion.
You can also see the expectations of market participants on the future president at this platform ftx.com/trade/TRUMP. And on this chart
nice update thanks for sharing this buddy.
supplementary to the above.
us/global stock markets: will enter bear market this week.
AMERICANHANDYMAN
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Trump will blame Russia/oil and China/virus for the conditions in the market. Everyone will believe the excuse and vote him back in. IMO.
Confucius-The-Great
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Interesting.
Thanks for sharing your thoughts.
If triumph cant manipulate the markets so they keep rising forever, then noone can.
What does the details even matter.
All presidents are the same in the end.
Only the details, aka smoke-screen, is different.
They all ( USA ) ( and most of the world ) continue the same circus as the former president did. But they will say that they are doing different...4 years later...President B continued the same line as President A. It is always like this.
You have Bush wars, Then Obama say "no more war" "no guantanamo" = Obama Elected = More wars, more deaths, more weapons, more power to NSA, more drone killings, Guantanano not closed, opium production in Afghanistan is higher than under Bush...Trumph? Same shit, says shit at the election...4 years later...still the same wars, same killings, more weapons, more provocations towards Russia and China and Iran,....always the same shit. And also in my own EU country and neighbor countries. Lies lies, the same agenda no matter what president/party is in power.
Here in my EU country the socialists have become liberal...haha...so you can vote on liberals or liberals...hahaha. The old liberals just became more liberal than before and the socials as liberal as the liberals was 10 years ago...capitalism...money over humane beings..that is what it is all about in politics...Is money more important than Human Lives? Or is humanbeings more important than money? Liberals = Money first always. No matter what they say on the screen. On the screen they will sell the story that more money = better life for the middle class...it is bullshit and lies. Never fall for it. You can see it everywhere in the west. How money is valued more than the well being of the people. aka The Rich > The People.
Sorry for letting out the truth...but you can not say politics without letting the cat out of the bag..or how the saying goes.
YBearBull
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@Confucius-The-Great, Great post they keep changing the variables (parties, ideology ...) but the result is the same: You are a slave.
They create problems so the big guys keep doing their thing without getting noticed
Example:
Immigration is created because Europe and other countries they benefit from natural resources, you are (Western) concerned by immigration, immigrants are ignorant (they live in shara what do you expect) in their country there is some "influencers" that are paid from the Western that say that Europe is heaven they tell them that is worth to risk your lives to go live there you gonna find money(they get between 30 and 50 euro a day), girls(why they rape them ?? try to answer this question) so the bigs guys can take the resources so they can sell it to you. (Electrical cars are the future where they get the minerals ??)
Why bill gates and others want to saves lives on Africa? Because they are kind??? F that they do it so they keep creating problems.
Let say that everyone becomes wealthy, no one will work and pam Inflation hits hard and the big guys lose.
Immigrants come to work for cheap you lose the job and the cycle repeats itself, paycheck never rises.
In Europe, engineers get paid a 1-2k at months and they sell the services for crazy price and they say there is growth.
In India, senior engineers get paid 20k a year and there are a lot of them. If we continue like these you will have to pay to work LOL. you gonna get negative money for working
And also socialists they say don't make babies(there are a lot of people, we are ecofriendly)try to be gay or lesbian you can experience something new so we can save immigrants that keep making babies like a rabbit