Dow Plunges 400 Points, Stocks Sell-Off As Wall Street Worries Democrats Could Take Control Of The Senate
U.S. stock markets have survived numerous social and political events. For example, when President Kennedy was assassinated November 22, 1963, stocks fell 2.89%, then immediately rose, logging a 17.0% return for the year. Even during the mass rioting that swept America between 1963 and 1968, stocks held up well. When Martin Luther King Jr. was assassinated April 4, 1968, stocks lost 0.77% the following day, then rose, ending the year with a 4.27% return.
But there’s another important point to make here, which is connected to my statement that financial markets can do well, even under socialism. Corporations hate uncertainty. If the rules are clear and there’s a way to make a profit, they will find it. This is why corporations often donate money toIf much of what we hear in the news is not that pertinent to financial market performance, what is relevant? Today, it is Covid-19 and the vaccine, stimulus, interest rates, and liquidity.
As investors, we must learn to dismiss the “noise” and focus on what’s relevant to financial markets. We must also learn to separate our feelings on social and political issues from our financial decisions. Yes, America may be in the throes of a tumultuous period, but this too shall pass. The pendulum may swing far left, then far right, but this has been a common occurrence throughout history. America will indeed survive this as well.
Despite recent events, as far as stock markets are concerned, much of it is noise and has little effect on how stocks perform.
This reads like a freshman English comp essay
Lol you're screwed.
GOP traded 400,000 American lives for 234 Trump judges & tax cuts for the rich
thanks
Biden's out xi jinping's in
Pulling my money out before the Biden crime family sells the US off to the highest foreign bidder!!!