yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

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.

More Articles

View All
What is a Fourier Series? (Explained by drawing circles) - Smarter Every Day 205
What up? Today we’re gonna talk about waves. This is a circle, you probably knew that. If we were to turn this circle on and watch it go up and down and up and down and trace that motion out, you get what’s called a sine wave, which you know to be importa…
Tim Brady - How do you calculate burn rate, runway and growth rate?
[Music] So how do you calculate burn rate, runway, and growth rate? Let me first start by saying that these are three very important metrics that are critical for you to manage your early stage startup. Every investor that you talk to will ask you for the…
How Much Does The Internet Weigh?
Hey, Vsauce. Michael here. And this strawberry weighs about 50 grams, which according to Russell Seitz also happens to be the weight of the entire Internet. What does that mean? I mean, the Internet is a gigantic place and how do you measure information? …
The Stoic Guide To Overcoming The Desire To Escape Everything | STOICISM INSIGHTS
Isn’t it a bit strange that in this vast world we often stick to the same small corners where we were born? Here we are, on this huge spinning globe, and many of us never venture far from where our journey began. Think about it: how often do we find ourse…
STOP SPENDING MONEY | Why The Middle Class Is Screwed
What’s up guys? It’s Graham here. So it’s no surprise the middle class is getting screwed, with incomes falling behind the cost of living, minimum wage dropping to its lowest purchasing power since 1956, and consumer debt ramping up alongside inflation. M…
How to get Ants to carry a sign - Smarter Every Day 92
Hey, it’s me, Destin. Welcome back to Smarter Every Day! So, you’re probably wondering, if you’ve been watching the Amazon series, how it took an 8-pin, a little scrap of paper, and a camera into the middle of the jungle, and walked out with footage of a…