Will the Markets save American Democracy?

Discussion in 'Politics' started by arfa brane, Sep 25, 2020.

  1. arfa brane call me arf Valued Senior Member

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    Stock Markets like to be able to predict what the economy will be like for the next 3 or 6, or n months ahead. The pundits like to have some certainty, about things such as election outcomes, the passage of certain bills, among other "indicators" of future prosperity.

    Uncertainty is not welcome, so how would you say the current levels of uncertainty, doubt, outright fear or even terror, about what's ahead for America and its economy (and by extension us poor suckers in the rest of the world), are affecting market trends and predictions?

    How much does Wall St influence politics anyway?
    Put it this way, how many rich Americans will be happy if Trump stays president, however he wrangles it?
    If they start to see their wealth diminish and blame him, what do you think could happen?
     
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  3. sculptor Valued Senior Member

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    it seems that a lot of wealth managers are advising their clients to sell now while tax rates are low for fear that if Biden wins, the rates will go up.
    those clients may suffer some regret if trump wins.
    ......................
    it has been said that:

    the stock market has accurately predicted 10 of the last 5 recessions.
     
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  5. iceaura Valued Senior Member

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    No.
    They are not regulated well enough to avoid destroying themselves, even, let alone save anything else.
    It includes the ownership and executive control of a large majority of the media corporations, and is the largest source of support for political research and policy analysis (the "think tanks").
     
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  7. Jeeves Valued Senior Member

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    Nope.
     
  8. pjdude1219 The biscuit has risen Valued Senior Member

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    the stock market has almost nothing to do with the economy
     
  9. river

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    The problem is that the Economy is Run by everyday people , consumers , but they are are broke . There is no way that any economy , in these times , survives , optimately ; in recovery from this pandemic without support from their Federal Government .

    Without supporting the everyday people , they have no money to spend . Its so obvious that it skips past observation . Awareness .
     
    Last edited: Sep 27, 2020
  10. river

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    Fundamentally wall street is Not filled with very bright people , At The Moment . The Wealthier the consumer , the more money everyone everyone makes . Wall Street Seems to have missed this point .
     
  11. arfa brane call me arf Valued Senior Member

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    Analysts are now saying the US elections are a big risk to the markets. That's the world financial markets.
     
  12. river

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    Why though ?
     
  13. arfa brane call me arf Valued Senior Member

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    Something analysts call market volatility; it has its own index and everything.
     
  14. river

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    Based on what variables ?
     
  15. arfa brane call me arf Valued Senior Member

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    Sorry, I'm not sure I can teach you much about economics. Investments aren't really my thing; I'd probably classify my social status as minimally involved in material capitalist valuation of everything, including my worth as a generator of future wealth in that society.
     
  16. river

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    From my post #7

    Fundamentally wall street is Not filled with very bright people , At The Moment . The Wealthier the consumer , the more money everyone everyone makes . Wall Street Seems to have missed this point .

    Just saying wall street , logically I'm right ; and you know I'm right ; so why aren't you taking action , in a loud voice . Whats holding back this truth being acted upon ?



     
  17. river

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    trump stopped talks on a relief package , for the people and businesses , until After the Election .

    Today the US market is down 600 points .

    The buying power of the US . Common people has been dramatically reduced . The consequences are cruel .
     
  18. river

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