‘People will hunker down and see what happens. You’re probably going to have to grind it out next year. That’s just the way it is. That’s how Steve Cohen, the man behind the$15 billion hedge fund Point72 Asset Management, sees the run-up to the 2020 election playing out for investors.
For his part, Jones said that if Elizabeth Warren were to win the election, the S&P 500 SPX, -0.30% would drop by about 25% and economic growth in the U.S. would slip to 1% from estimates of more than 2% this year. Trump, on the other hand, would boost the S&P 500 to 3,600, Jones estimated, which would be an 18% surge from the close of trading on Monday.
Anyone with half a brain knows that if Warren or Sanders become President it would be a disaster for the market and the US economy. Their agendas are based on higher taxation and big government. Government and taxes stymie economic growth.
The last 2 Dem Presidents the stock market did very very well. This is a scare tactic . GOP IN White House for 8 of last 9 Recessions and Clinton handed off a balanced budget to W who gave B Hussein O a shit sandwich. B Hussein O raised stock market 240 pct in 8 years .
Thx trump
[they could] Aug1405
Yeah if the orange idiot gets re-elected. There will be huge deficits and no one left to shoulder the tax load.
Don’t blame democrats. We have been inflating a huge bubble
Couple of rich guys looking out for their tax cuts I see 👀
when billionaires speak all I hear is 'tax me tax me tax me'. These people need to have all their money taken away, immediately.
Who cares... talk about a good stick to buy ... this is nothing but an political ad
So true
Right .... it’s the concentration of wealth and other resources to the few at the expense of others is the issue. There is more than enough to satisfy all, however for a few they want it all. Why?
Socialism will
if there is a new president they will undo probably everything big daft donald has done while in office and the stock market will plunge
Follow the $$$$$ 🤑
...bring it.....
And a surge upon Trump re-election.
Agreed. Because, if Trump gets reelected, his endless trade wars will keep markets down.
🖕🏼
Buy buy buy Consume trickortreat ClimateCrisis landfills Trash ThrowAway