It's funny how much Intel popped on just saying they were looking into options to increase value. Guess people were just waiting for a reason.
If Pat is still there don't expect much. It would have been heresy to say this a long time ago, but they need to dump Pat and merge with another chip maker.It's funny how much Intel popped on just saying they were looking into options to increase value. Guess people were just waiting for a reason.
Not sure if I should request that you keep this thread minimally political (fully apolitical is impossible since politics and stock markets do mingle), or if it is best to just lay out things and let people decide the politics. I'm going with the second option, but in a spoiler.Kamala has been touting tax increase after tax increase. As her chances of winning the election grow stronger (so long as she doesn't ruin it), I suspect we are going to see a 20% sell off by now and the end of Novermber if she in fact does win. If the Democrats sweep in November look for a 30% sell off between now and then.
Just thinking of the chess pieces and trying to guess some possible outcomes. Even when Trump was elected the market took a big dump initially before rallying and not looking back until COVID, then we lost our minds and spent trillions and trillions of dollars ($10 trillion total?) over reacting to COVID and spending like money actually has very little value. Then came inflation we have not seen since the late 1970s.The idea of the market being capable of looking months ahead is unsupported. Even anticipating quarterly results is now outside the attention spans of the traders and their algorithms.
She also wants to tax unrealized gains.I've got some bad news for you, Sunshine.....*
Kamala has been touting tax increase after tax increase. As her chances of winning the election grow stronger (so long as she doesn't ruin it), I suspect we are going to see a 20% sell off by now and the end of Novermber if she in fact does win. If the Democrats sweep in November look for a 30% sell off between now and then.
I do see just a small technical Santa Claus rally afterwards but no real recovery until maybe March of 2025 as the tax talk is tempered. If its not tempered, look out below. Call me pessimistic but Im pessimistic.
Ironically I support tax increases and big spending cuts so we can finally balance the budget.
*= Saying comes from:
On people who have more than 100 million USD. That's about 10k people from what I understand.She also wants to tax unrealized gains.
Not going to ever happen.
From what I've heard a lot of the disappointing guidance comes from uncertainty of the election. Two very different views for America's future. Thus, it is hard for businesses to have confidence in a specific positive outcome. Their guidance is tending to be lower just in case of a bad political outcome for them.A reccuring theme in earnings reports: disappointing guidance.
The near future isn't looking very bright.
Stop looking on the bright side otherwise I will furl my brows at you.From what I've heard a lot of the disappointing guidance comes from uncertainty of the election. Two very different views for America's future. Thus, it is hard for businesses to have confidence in a specific positive outcome. Their guidance is tending to be lower just in case of a bad political outcome for them.
Short term, you are probably right. Medium term, I am boosted by two positives: (1) interest rates will start slowly going down and (2) oil is under $70/barrel. And that lower oil price is even with the US oil reserve being rapidly refilled (at a sizable profit for the US taxpayers). Meaning when the US is done refilling it, there will be even further downward pressure on oil price. And that means lower costs on just about everything.
We will see a rally after the political uncertainty that is the election.From what I've heard a lot of the disappointing guidance comes from uncertainty of the election. Two very different views for America's future. Thus, it is hard for businesses to have confidence in a specific positive outcome. Their guidance is tending to be lower just in case of a bad political outcome for them.
Short term, you are probably right. Medium term, I am boosted by two positives: (1) interest rates will start slowly going down and (2) oil is under $70/barrel. And that lower oil price is even with the US oil reserve being rapidly refilled (at a sizable profit for the US taxpayers). Meaning when the US is done refilling it, there will be even further downward pressure on oil price. And that means lower costs on just about everything.
All just ripples on upgoing trend.We will see a rally after the political uncertainty that is the election.
Allan Lichtman's 13 keys model says POTUS will be Harris.Wait, I thought Fox News was fake news?
Historically September and October are bad months. Perhaps we will see a short-term jump coinciding with rate cuts. I'm a bit leery of what happens afterwards.A September dip would be perfect timing, for my next investment.