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
Khan Academy Ed Talks with Marc Sternberg - Wednesday, March 10
Hello! Welcome everyone to Ed Talks with Khan Academy. I’m Christine DeCervo, the Chief Learning Officer here at Khan Academy, and today I’m excited to talk to Mark Steinberg, who is the K-12 Education Program Director at the Walton Family Foundation. So…
Peter Lynch: Buy These 5 Types of Stocks (Rare Clip)
When most people think about investing in stock market, they dream about investing in a fast grower. A company that is growing at over 25 percent a year—at 25 a year a company’s profits will double in three, they quadruple in six, and up eightfold in nine…
7 Best Questions Asked at Berkshire Hathaway Annual Meeting
Why are you recommending listeners to buy now yet you’re not comfortable buying now as evidenced by your huge cash position? Well hey, as I just explained, the position isn’t that huge. When I look at worst-case possibilities, I would say that there are …
Photo Evidence: Glacier National Park Is Melting Away | National Geographic
All the glaciers are shrinking. In the 1800s, they were estimated to be about 150 glaciers here; however, today we only have 25 glaciers. The glaciers are measured by a number of different ways. One of the most obvious ones is using repeat photography, wh…
NEW Tudor Watches 2024
Something happens. I don’t, I don’t know what to tell you. It just, in the watch world, when something gets hot, it gets hot, and nobody can really put the finger on why. What’s hotter than Tudor? Nothing! [Music] [Music] [Applause] Okay! Mr. Wonderfu…
Brilliant Quotes by Arthur Schopenhauer!
Arthur schopenhauer, a profound and often provocative German philosopher, remains one of the most influential thinkers. His philosophy, deeply rooted in pessimism and realism, offers a unique lens through which to view human existence, society, and the na…