Will Markets Crash if Harris Wins?

less than 1m read

·Nov 7, 2024

It would be bad for the market. So Harris wins, right? Well, it depends what happens between now and election. If she came out tomorrow morning, or even this afternoon, after the FED decision, and said, "Here's my 10-point plan," specifically around taxes, around these plans she's been talking about the housing, $225,000, I was just kidding about that. That's so inflationary, it's stunning.

I can't even imagine that ever being permitted in Congress. Even if she won more seats in the House, no one would ever do that. So these policies are crazy. I'm not that as an extremist. I mean, I do have gold. I do have a lot of cash sitting around because of uncertainty. But I have to invest the day after, even if she is elected.

And then I have to hope. I have to cross my fingers. You know, this is the new boss, and we won't get fooled again. That these policymakers that are giving me this, just be happy. Well, maybe I'll have to get happy, but right now I'm not happy.

And I really, really want some policy. I really do. And I think the rest of the market does too. And that comment gives you some idea about how much angst there is out there.

Charlie Munger on Investing in China and Alibaba Stock

TIL: Bees Could Help Save Elephants—By Scaring Them | Today I Learned

View All

Surviving a Water Crisis in Detroit | Parched

We wash dishes. This is our dish thing. Is that this container work? It out our clothes. We have washing clothes. Survivor mode, you come to use the bathroom, will use it. We have a bucket going to get full. Take our school per scoop out. Whenever we have…

How To Make Galinstan

Let’s make some Gallon Stan. Unlike Mercury, Gallon Stan is not toxic, and it’s a liquid at room temperature. Unlike Gallium, which is solid up until about 30 Celsius, you have to hold this for a while before it starts getting drippy. No, no, no, you dese…

Psychology of a Serial Killer (the Jeffrey Dahmer Story)

Foreign those words were spoken by Jeffrey Dahmer, a serial killer, a sex offender, necrophiliac, and cannibal who brutally murdered 17 Milwaukee young men throughout the late 70s, 80s, and 90s. Dahmer’s story makes for a chilling example of a psychopath …

Reframing Black History and Culture | Podcast | Overheard at National Geographic

[Music] I’m Deborah Adam Simmons, executive editor for history and culture at National Geographic. You’re listening to In Conversation, a special episode exploring black history and culture. [Music] Hey, Deborah! Welcome to Overheard. Hi, Amy! Thanks! I…

Deepfake Adult Content Is a Serious and Terrifying Issue

As of 2019, 96% of deep fakes on the internet were sexual in nature, and virtually all of those were of non-consenting women. With the release of AI tools like Dolly and Mid Journey, making these deep fakes has become easier than ever before, and the repe…

Peter Lynch: How to Invest Better Than Wall Street (Rare Interview)

People don’t understand their natural advantages, and they don’t use them. So that’s bad, number one. But worse, number two, is if you don’t think you’re a good ice skater or if you’re convinced you’re not a good cellist, you’re not going to try it. But p…

Will Markets Crash if Harris Wins?

More Articles