User Tag List

+ Reply to Thread
Results 1 to 10 of 10

Thread: Why the Stock Market Is Bummed About the Election

  1. #1
    Points: 13,027, Level: 27
    Level completed: 42%, Points required for next Level: 523
    Overall activity: 33.0%
    Achievements:
    SocialRecommendation Second Class3 months registered10000 Experience Points
    coolwalker's Avatar Senior Member
    Karma
    2069
    Join Date
    May 2012
    Location
    Norfolk, Virginia
    Posts
    2,642
    Points
    13,027
    Level
    27
    Thanks Given
    713
    Thanked 663x in 504 Posts
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    25

    Why the Stock Market Is Bummed About the Election


    On Election Day, stocks seemed upbeat about American democracy and the economy's future prospects. Even though polls showed the two presidential candidates in a dead heat, the stock market rose by nearly a full percentage point.



    That honeymoon ended abruptly. The news that President Barack Obama won a second term has sent the market into a deep funk, with stocks down by more than two percent on Election Day +1. Manic investors are now giving the election results a big, fat raspberry.

    http://www.usnews.com/news/blogs/ric...t-the-election



  2. #2
    Points: 91,744, Level: 73
    Level completed: 80%, Points required for next Level: 506
    Overall activity: 3.0%
    Achievements:
    Social1 year registered50000 Experience Points
    Mainecoons's Avatar Senior Member
    Karma
    19757
    Join Date
    Feb 2012
    Posts
    16,741
    Points
    91,744
    Level
    73
    Thanks Given
    10,256
    Thanked 6,425x in 4,418 Posts
    Mentioned
    256 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    216
    Ummm, maybe yes, maybe no. Don't ignore all the bad news from Europe.

    See this morning that McDonalds has had the first drop in same store revenues in a decade. Another leading indicator that the recession never really left?

  3. #3
    Points: 6,787, Level: 19
    Level completed: 63%, Points required for next Level: 263
    Overall activity: 4.0%
    Achievements:
    3 months registered5000 Experience Points
    Taxcutter's Avatar Senior Member
    Karma
    905
    Join Date
    Sep 2012
    Posts
    767
    Points
    6,787
    Level
    19
    Thanks Given
    2
    Thanked 197x in 137 Posts
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    12
    Early stages of massive capital flight?

  4. #4
    Points: 13,027, Level: 27
    Level completed: 42%, Points required for next Level: 523
    Overall activity: 33.0%
    Achievements:
    SocialRecommendation Second Class3 months registered10000 Experience Points
    coolwalker's Avatar Senior Member
    Karma
    2069
    Join Date
    May 2012
    Location
    Norfolk, Virginia
    Posts
    2,642
    Points
    13,027
    Level
    27
    Thanks Given
    713
    Thanked 663x in 504 Posts
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    25
    Quote Originally Posted by Taxcutter View Post
    Early stages of massive capital flight?
    Just think...if you are a multimillionaire and want returns on your investment, you are going to invest wisely. You also have eyes and ears on the ground to find out what is good and bad. You don't have to invest...you are already rich, you just want a bit more but you will be damned if you will accept a loss. So you don't invest when you see that your government is trying to cover a rusty country (going broke) with Krylon...you know you have to remove the rust first, then repaint.



  5. #5
    Points: 40,744, Level: 49
    Level completed: 35%, Points required for next Level: 1,106
    Overall activity: 33.0%
    Achievements:
    1 year registered25000 Experience Points
    patrickt's Avatar Senior Member
    Karma
    9417
    Join Date
    Jun 2012
    Location
    U. S. Citizien living in Oaxaca
    Posts
    9,084
    Points
    40,744
    Level
    49
    Thanks Given
    474
    Thanked 3,283x in 2,336 Posts
    Mentioned
    40 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    106
    Unrestrained regulation. Higher taxes. A federal bureaucracy that hates business, a president who proudly seeks to bankrupt industries, and a goal of seeing that everyone, whether they choose to work or not, get their share. Oh, I can't imagine why any one wouldn't be wildly optimistic about the future of the U.S.

  6. The Following User Says Thank You to patrickt For This Useful Post:

    coolwalker (11-08-2012)

  7. #6
    Points: 529, Level: 4
    Level completed: 90%, Points required for next Level: 21
    Overall activity: 0%
    Achievements:
    3 months registered500 Experience Points
    Pat's Avatar Junior Member
    Karma
    11
    Join Date
    Feb 2012
    Posts
    6
    Points
    529
    Level
    4
    Thanks Given
    0
    Thanked 1 Time in 1 Post
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    0
    The market has been due for a correction for awhile, I think this election result was the emotional trigger that set it off. I have been out of the market for awhile now anticipating this movement.

  8. The Following User Says Thank You to Pat For This Useful Post:

    Trinnity (11-09-2012)

  9. #7
    Points: 11,465, Level: 25
    Level completed: 69%, Points required for next Level: 285
    Overall activity: 0%
    Achievements:
    SocialOverdrive1 year registered10000 Experience Points
    truthmatters's Avatar Senior Member
    Karma
    -689
    Join Date
    Oct 2012
    Posts
    4,478
    Points
    11,465
    Level
    25
    Thanks Given
    324
    Thanked 125x in 113 Posts
    Mentioned
    11 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    0
    when it goes back up they wont give Obamas actions any credit for it.

    They dont care about facts they just want amunition

  10. #8
    Points: 13,027, Level: 27
    Level completed: 42%, Points required for next Level: 523
    Overall activity: 33.0%
    Achievements:
    SocialRecommendation Second Class3 months registered10000 Experience Points
    coolwalker's Avatar Senior Member
    Karma
    2069
    Join Date
    May 2012
    Location
    Norfolk, Virginia
    Posts
    2,642
    Points
    13,027
    Level
    27
    Thanks Given
    713
    Thanked 663x in 504 Posts
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    25
    Quote Originally Posted by truthmatters View Post
    when it goes back up they wont give Obamas actions any credit for it.

    They dont care about facts they just want amunition
    Your facts are our ammunition...but enjoy your day in the sunshine little girl, it won't last.



  11. #9

    tPF Moderator
    Original Ranter
    V.I.P
    Points: 222,031, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 100.0%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Discussion Ender
    Peter1469's Avatar Moderator Representative
    Karma
    49657
    Join Date
    Jun 2011
    Location
    Northern VA
    Posts
    47,494
    Points
    222,031
    Level
    100
    Thanks Given
    20,662
    Thanked 15,130x in 11,057 Posts
    Mentioned
    992 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    547
    Disagree. The market loves Obama and his QE infinity.

    We asked the EZ to hold off their crash through our election. They agreed and are now back into crash mode.

  12. #10
    Points: 42,379, Level: 50
    Level completed: 32%, Points required for next Level: 1,171
    Overall activity: 15.0%
    Achievements:
    SocialRecommendation First ClassTagger First Class25000 Experience PointsOverdrive1 year registered
    Awards:
    User with most referrers
    Trinnity's Avatar Banned
    Karma
    4943
    Join Date
    May 2012
    Posts
    8,715
    Points
    42,379
    Level
    50
    Thanks Given
    2,348
    Thanked 1,831x in 1,322 Posts
    Mentioned
    66 Post(s)
    Tagged
    2 Thread(s)
    Rep Power
    0
    Quote Originally Posted by Pat View Post
    The market has been due for a correction for awhile, I think this election result was the emotional trigger that set it off. I have been out of the market for awhile now anticipating this movement.
    Welcome Pat!

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts


Forum Topsite Critical Acclaim
Single Sign On provided by vBSSO