I would imagine that a ton of huge companies will plummet in value or even crash and burn, with so many high-profile arrests in the business world (including many surprise arrests we didn't see coming). I have no doubt in my mind that this will be better for the economy in the long run, but for many people who are invested in funds that include hundreds of companies, the thought occurred to me to hold onto my finances personally these next few months.
Any nudge in the right direction would be much appreciated! I do, of course, understand this is all speculation and theory, as stock markets are unpredictable even when we can anticipate other things that might affect it.
Not an expert, but my theory is that the markets are propped up/inflated by billionaires right now... propped up to prevent a crash. Last I checked, WS endorsed Biden. BUT, based on his recent exec orders and Keystone XL work closure, people are pissed... there’s no telling what would happen if Biden were to be removed from office. It may trigger a recession, on purpose, just like what CV19 did, or it may just play its coarse... would it sky rocket up? Doubt it