SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 124.080.0%Feb 2 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Real Man who wrote (112906)11/8/2020 6:25:26 PM
From: Rarebird1 Recommendation

Recommended By
rdkflorida2

  Read Replies (1) of 116957
 
The stock market has not yet discounted the removal of tariffs, which will increase profit margins and earnings.

Moreover, if Trump thinks he really won the election, then a new stimulus deal may be arriving during the lame duck session.

Clearly, the Market is celebrating a Joe Biden victory with little to no chance of cap gains tax hikes. Even with a 50/50 split, which is unlikely, I don't see conservative Democrats Joe Manchin and Kristin Sinema voting for increase cap gains taxes.

Wall Street got the best of both worlds during the election.

Plus, stocks are dirt cheap in relation to the 10 year bond.

I see nothing to be bearish about.

Contested elections are bullish.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News