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
A.I. ‐ Humanity's Final Invention?
Humans rule Earth without competition, but we’re about to create something that may change that: our last invention, the most powerful tool, weapon, or maybe even entity: artificial superintelligence. This sounds like science fiction, so let’s start at th…
4 WAYS TO TORTURE THE NARCISSIST | STOICISM INSIGHTS
Did you know that the ancient Stoics had a secret weapon that could make them immune to the chaos and emotional turmoil caused by difficult people in their lives? Imagine possessing such a tool: a kind of mental armor that protects you from the negative e…
Cruise Ship Propulsion | Making the Disney Wish | Mini Episode 2
Our Disney Wish has a new propulsion system. This is definitely a used Azipod, which is an electric motor-driven propeller under the water. It really allows for some amazing performance. We’ve made the step from going from a conventional shaft line prope…
Diving With Bullsharks | World's Biggest Bullshark
Neil and James search a shipwreck for the mega shark, Big Bull, and other large bull sharks that may be her descendants. “I’m good over here,” Neil says. Bull sharks have a pack-like mentality and swarm around possible food. They surround the divers. Ne…
More on Newton's third law | Forces and Newton's laws of motion | Physics | Khan Academy
We should talk a little more about Newton’s third law because there are some deep misconceptions that many people have about this law. It seems simple, but it’s not nearly as simple as you might think. So, people often phrase it as, “For every action, th…
Why The Stock Market JUST Dropped
What’s up, Graham? It’s guys you here, and I know I always preach the age-old sayings: don’t time the market, buy and hold; time in the market beats timing the market; the stock market is not the economy; and the market can remain irrational longer than y…