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.

Solving square-root equations: no solution | Mathematics III | High School Math | Khan Academy

Death of King George VI | Being The Queen

View All

Why Do Good Stocks Still Crash? (Mohnish Pabrai on buying Seritage Growth Properties)

And instantly, the stock went to six to nine dollars a share. So that was the price at which somebody else was willing to buy that seat, me being one of them. And, uh, I own, uh, one eighth, little more than one eighth of all the seats in that theater, so…

Tax The Rich

What’s up, Taxes? It’s Graham here. So normally, I don’t talk about topics that could get politicized or taken out of context, but I gotta say there is so much confusion and misinformation surrounding some of the new proposals aimed at taxing the rich th…

The Science of Six Degrees of Separation

I have a friend named Sammy who, back in the early 2000s, wrote some code for his MySpace page. And what the code did was anybody who visited his page would have his picture and a tagline that said, “Sammy is my hero,” copied over to their homepage. And t…

Gen-Z Says $74,000 Per Year Is No Longer Middle Class

What’s up, you guys? It’s Graham here, and we got to have a serious talk. To some people, this probably won’t come as a surprise, and to others, this could be something you’ve never even considered. But regardless, here’s what we’re currently dealing with…

How Much Does a Shadow Weigh?

Hey, Vsauce. Michael here. And I’m sure that we all love to have fun with hand shadows, but how much does a shadow weigh? It might sound like a silly question, because it is. I mean, a shadow cannot be put on a scale and weighed. But the material that it…

STOICISM | The Art Of Tranquility (Seneca's Wisdom)

Seneca The Younger was a philosopher who held an important position in the Roman Empire, and is one of the major contributors to the ancient philosophy of Stoicism. Seneca once exchanged letters with his friend Serenus, on how to free the mind from anxiet…

Will Markets Crash if Harris Wins?

More Articles