The market is crashing today on fears Biden might win and also on rising virus cases 🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️

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Biden has had a healthy lead for months now—that’s all priced in. It’s crashing cause of covid.

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From WSJ.

Fox decided not to cover this at all. That is a litmus test of what is a fact

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Lol it’s not crashing because of Biden directly. It is crashing for 2 reasons...

1. Very big surge in Covid worldwide
2. If Biden wins, Trump no longer has incentive to pass Covid stimulus and we will likely have to wait until January for it.

It has nothing to do with fear over Biden although number 2 indirectly has an affect on stimulus funding

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Crashing ? Maybe correcting ? I hope someone offers a free lesson in economics and financial markets to these “sophisticated” but #poorlyeducated investors.

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Do you hear your post? The market is crashing - one week before the election - because people fear a Biden victory? So, when it rebounds over the next couple of days then what?

Be better than this OP.

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It’s a combination. We know the virus is spreading which means lockdowns are coming. And the only way to economically stem the damage from a lockdown is a stimulus. And we aren’t getting a stimulus any time soon.

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Are you REALLY this gullible? Covid cases are rising all over the world.

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Tbh who cares what the market does today...in a year it could be up 500 puts.

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Goldman Sachs says otherwise, Ace. I will trust them over you.

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As does EY. Someone linked their analysis of it somewhere too

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Who cares?? Just buy the F out of the dip!

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This is not much of a dip percentagewise but it looks bad for Donnie Dump.

😝

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