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.

Howard Marks: A Storm is Brewing in the Stock Market (The "AI Bubble")

Ancient China | Early Civilizations | World History | Khan Academy

View All

Dalton Caldwell - Startup Investor School Day 2

Hey, good morning! Thank you. We have a lot to do today, so I’d like to get my part out of the way as quickly as possible. Good morning again, and welcome to our second day of Startup Investor School. My role is a little bit more, but not much more than …

The Golden Ratio: Nature's Favorite Number

Humanity has always been in search of patterns. They make us feel comfortable. They give us meaning. Whether they be in the deepest, most conceptually difficult topics like string theory and quantum mechanics, or even in simple things like the behaviour o…

Life Lessons College Didn't Teach You

My life completely changed in my final year of college. After spending the first 3 years as an introvert who only really went to school to get the best grades, I started communicating more with my professors and other students in my program. I started mak…

Zillow's $1.6 Billion Dollar Mistake: What NOT To Do

What’s up you guys, it’s Graham here! So we all know Zillow. It’s the site we go and snoop on to find out how much someone’s home is worth. We’ve all done that. But despite some incredible success, Zillow has recently run into a few hurdles that it might…

Inside the Paris Climate Conference | Years of Living Dangerously

This is the Olympics of climate change. If you’re not here, you’re not in the game, and the game is to do something urgently. We have the political will to change, and it really is the seminal meeting of leaders to determine what we do to combat this prob…

Why Home Prices Haven’t Crashed...Yet

What’s up guys, it’s Graham here. So, with following home sales, higher mortgage rates, and lottery winners finally being able to afford a home, new information just revealed that these conditions could soon be coming to an end. Because home prices just p…

Will Markets Crash if Harris Wins?

More Articles