The market hates instability. The consensus right now is that either wall street knows whats coming or they think that the democrats printing money out the ass will stimulate the economy in the short term (which it will and it will fuck us later). If biden is inaugurated, people will go back to giving less of a fuck about politics as well, meaning lobbyist bullshit will get passed without as much of a public reaction. Personally, everyone i know has been talking up big china stocks (tencent, nio, xpeng for example). I refuse to trade with china stocks. When papa decides to press the big red button, the entire world economy will tank for a month or so, maybe even into the end of spring depending on just how much he flips things upside down. I don't think we'll get a drop as hard as we did in march, but itll hurt for sure. I'm sitting out on this bet though; i thought the market would tank around the election, bought puts, and the market went up that week and the week after lol. The GA election scare tanked only one day as well.

The market hates instability. The consensus right now is that either wall street knows whats coming or they think that the democrats printing money out the ass will stimulate the economy in the short term (which it will and it will fuck us later). If biden is inaugurated, people will go back to giving less of a fuck about politics as well, meaning lobbyist bullshit will get passed without as much of a public reaction.

Personally, everyone i know has been talking up big china stocks (tencent, nio, xpeng for example). I refuse to trade with china stocks. When papa decides to press the big red button, the entire world economy will tank for a month or so, maybe even into the end of spring depending on just how much he flips things upside down. I don't think we'll get a drop as hard as we did in march, but itll hurt for sure.