"Each day from now until November is going to get more and more concerning, and more and more decisive, and more and more difficult," said Diller, a longtime Democratic donor who has contributed more than $600,000 this year to the Biden Victory Fund,"I actually think if I could wake up in mid-November, maybe it's even late November given what might be contested, I would rub that magic genie," added Diller, the former CEO of Fox and Paramount Pictures.
"As far as business is concerned, I don't think long term there's going to be any particular difference" between Trump and Biden, said Diller. "I think there will be differences personally. I think people are going to pay higher taxes, particularly the wealthy. I think there are going to be things that are going to be done, really done, to deal with inequality."
"I think other things will happen, I do not think they are — let's call it — a big damper on business," he argued, suggesting new regulations on large technology companies will be implemented under both a second Trump term or a Biden White House.
Cheap fed money + constant pumping regardless of warning signs = ?
I will sell when Ray Dalio says again 'Cash is Trash'
Fed Funds rate .25%, Prime rate 3.25%, Mortgage rate 3.07%, Credit Cards 12-27% ! Lower CC Rates to 5-10% and give an instant stimulus to the country! It would not cost the tax payers anything. That’s REAL STIMULUS! Help the working class!
Cash is trash, they keep printing and it won’t be worth anything.
Thrilled that Chair Powell and active investors are keeping The Stock Market soaring for the most part. Wish someone were showing leadership and financial support for the rest of the population. Effectively addressing the virus would help as well. Too much to ask?
This guy is washed. He touts himself for investing in $MGM ....in August because casino stocks got hammered. Hey Barry, they got hammered in MARCH...you missed that move by 300%. What a clown.
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Bs
Rich guys talking to rich guys.
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