Melt up into the election - maybe a bit more afterwards, but then a 90% meltdown next year
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Posted 11 October 2020 - 06:06 PM
It seems like everyone is expecting an up market going into elections. You keep hearing things like "it doesn't matter who wins, markets will go up regardless and Biden win is priced in. " Then there is the ever present promise of money printing machine "with $7 Trillion stimulus, stonks have to go up despite higher taxes.
Maybe stonks are sailing into the sunset and few realize it.