Stocks are likely to beat bonds over the next few years, and, if history is any guide, are likely to do better in the year after the upcoming U.S. presidential election than in 2020, according to an analysis published Thursday.
There’s a big caveat to Allen’s analysis, which he notes early on. The collapse in stock prices in the fall of 2008, as the financial crisis played out, and the subsequent rebound in early 2009, was weighty enough to skew three decades of history.
There will be a massive crash that will make 1929 look like child’s play. The economy is in tatters, real unemployment is at least 20%, businesses are closing and going bankrupt at record rates, purchasing power of the average consumer is falling....a crash will happen
Sorry not if Biden wins. Kamalas taxes, and economy going 👇👇👇
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Source: BusinessInsider - 🏆 729. / 51 Read more »