Futures market not trading that way so far.
Printable View
What do you mean by “like the market”? It is what it is. Stock prices are being driven by massive fed liquidity and low interest rates. Valuations are quite rich, but then again there is no alternative given how low bond yields and interest rates are. Very low discount rates for long periods of time can support massive valuation growth (Which we are seeing lately), but it ain’t free. When interest rates do go up (like they did at the end of 2018) the market crashes.
Presidents don’t make markets. Markets make presidents.
Don't know about that. The market swings wildly on even the most mundane news...at times. Those "undecideds" for the POTUS election are prone to move on, what would be some rather minor tidbit of news. Who really knows what pushes a fence-sitter one direction or the other?
Now, that said, it is hard to fathom how there can still be any true fence-sitters left. The differences between the candidates and their platforms are night and day. It's true American patriotism vs. Biden's evil socialism. You are either a real American or you are a commie bastard and support Biden et al. Very clear choice.
Pretty ugly day on the street!
0.00564% of India's population...49+ years before they all get it at this rate...just saying!
ok course the Socialist Regressive tool-bag puppet Fauci had to keep America People in misery and send the market down. Soros and Hollywood must be paying this guy or his own drug company, where he has interest, must have been running behind the leader for the vaccine. He’s just a political puppet of the TDS virus infections and spreaders.
Published 58 mins ago
Dow skids 700 points as Fauci warns on coronavirus vaccine timing
Tesla shares were lower for a 3rd day
U.S. equity markets tumbled Thursday after Dr. Anthony Fauci dashed hopes that a COVID-19 vaccine was coming soon, contradicting documents from the Centers for Disease Control and Prevention.
Fauci told CNN a vaccine was unlikely to be ready by the end of October. In a separate interview with NBC News' "Today," Fauci said a vaccine was likely by the end of the year.
The Dow Jones Industrial Average fell over 700 points, or 2.6%, with Microsoft leading the decline.
More
https://www.foxbusiness.com/markets/...ks-sept-3-2020