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.

The Ponzi Factor: Proof by Definition

Why is Deadly Weather Mesmerizing? | StarTalk

View All

10 Ways To Instantly Improve Your Life

Significant improvement comes from long-term action. But there are lots of things you can actively do today that will instantly improve the quality of your life. Welcome to LAX. First stop, fix your sleep. We’re going to start off with probably the lowes…

Viktor Frankl's Method to Overcome Fear (Paradoxical Intention)

The neurotic who learns to laugh at himself may be on the way to self-management, perhaps to cure. Austrian psychiatrist, philosopher, and author Viktor Frankl spent four years in different concentration camps during the second world war. From the ashes o…

Angle of x' axis in Minkowski spacetime | Special relativity | Physics | Khan Academy

We’ve been doing some interesting things in the last few videos. We let go of our Newtonian assumptions that the passage of time is the same in all inertial frames of reference, that time is absolute, that one second in my frame of reference is the same a…

Morgan Freeman Hosts the Breakthrough Prize | Nat Geo Live

We begin in darkness; then a single spark, and change ripples through the world. The seed in the soil seeks light; the cell splits into the mine pulses with knowledge. Today we know so much; we have cracked the code of life, clinched the birth of the cosm…

Types of bank accounts | Banking | Financial Literacy | Khan Academy

Let’s say that you’ve saved some money, or so you just found some, luckily, and you go to a bank, and you want to put it with that bank. But then the bank starts giving you some options. It says, “Do you want to start a checking account? Do you want to st…

What The Recession Will Do To Russians | Meet Kevin

[Music] How do we start? There’s so much going on. I think we have to start with Ukraine. How do you handle this when you’re investing? You try to figure out likely outcomes, and you know, it’s very difficult because obviously, Putin is unpredictable. Ev…

Will Markets Crash if Harris Wins?

More Articles