Interactive Brokers CEO: Market will drop 2-3% if Dems regain the House, 10-15% if they also get Senate

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Florida's richest man thinks that the market will drop 2-3% if Dems regain the house. Here's why.

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 /  🏆 12. in CO
 

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Justiceseek3r4u I voted Democrat and I still made a few thousand today in the market. This is fake news.

Justiceseek3r4u Would this financial genius be a Republican? 😜

Does he know markets are down about 5% already

DID HE SELL OUT OF HIS STOCK POSITIONS. IF NOT WHY NOT. SCAREY NEWS. THE ONLY REPUBLICON I WILL VOTE FOR IS ONE RESURRECTED FROM THE DEAD

Of course. The Dems and Republicans both love to shove the country into unsustainable debt. The republicans use the debt to help the rich by pumping up stocks and the dems use debt to help the poor. Forget the middle class. They have no party that supports them.

Peterffy is a Trumpite. He’s fear mongering just like his idol realDonaldTrump Don’t believe a word that comes out of their mouth.

simply in over taxation so the DemoRATS can feather their nests.... WITH our tax money, rather than let us... have the money...

This sounds like a small price to pay for representative democracy.

who cares

I RATHER LOSE MONEY THAN MY COUNTRY 🇺🇸

Agree

Wishful think buddy!

An idiotic prediction

Thank you man who certainly doesnt have a vested interest in keeping current tax cuts.

All he care about is his money. Not anybody’s health care

Good hope 33pc

Oh no, what should we do?

Ooohhhh I’m scared. Not

Thanks to Mr. Iffy and friends, Florida is choked with algae and subject to endless red tides.

This is the stupidest comparison ever, regardless the markets will rise & fall. Stop lying to prevent being regulated. Trump gave y’all more money & that still isn’t good enough. Greedy asses is why the economy collapsed yrs ago. Some never learn from mistakes of others...

Florida richest man is full of himself.

Good

He uses the same scare/fear tactics as Trunp. What he fears most is average Americans getting the edge over GREEDY slobs like himself.

Good, then it can drop and I can buy more. Then it can rebound after that stupidity.

Good that you did not censor his opinion

What Tommy is not tell you is that the market would drop if the Dems take control of congress because the Dems would bring Trump to account for Conspiracy to Defraud the United States, Obstruction of Justice, etc, etc. So, yeah, I'm OK with a temporary drop in the stock market

Market gains were all due to the GOPTaxScam, so a correction is due when Trump is put on notice.

He’s right the Democrats want to raise taxes and pay everybody except Americans vote Republican lower taxes create jobs

Worried he’s losing his tax cut.

Good! 😁

The market is already in a correction, so I'd say at this point it goes down regardless.

No way! With such a great president 🤣 this will never happen.

Buy the dip

What Florida’s richest man doesn’t get is that there are things bigger than the value of one’s portfolio.

“After the market moves as I expect it to.” That’s the key to everything guys.

It wouldn’t surprise me if these 1% jackoffs tank the market on purpose just to spite the Democrats

He forgot to mention that it was the GOP economic policy that caused the 2008 financial meltdown.

Oh ok then. Everyone change their votes.... are we ignoring the current volatility too

CUMON. You guys need to stop falling for some rich guy who knows as much as you or me (nothing) about where the market is going in relationship to some event. It's a joke.

2% or 3% drops aren’t that uncommon these days. The wind blows and people sell. Then we build back up.

and rebound the days after that.....please

🤣🤣🤣🤣the market only cares about making money. Investors adjust to whomever is in power

Oh no. Not “rich people” again. See Dalio and Cuban on the 2016 election...

Oh please

What was the reason the past few weeks - no mention of tariffs?

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