Speaking of Trump, Armstrong, Tucker, Jesse all exposing corruption.
Wanted your thoughts on this on market had Friday morning...Math and history add up.
Opinion on (bold) if lockdowns may affect? Tiz the market, and we are being watched.. lol
question, on Thursday's sell off:
So, why sell off based on Biden's Capital gains tax increase. It impacts only the rich with $1M or more only if they sell the stocks.
My response: Once a month
Rich get rich by investing? Less investors ahead?
1929 Roosevelt (Marxist) raised taxes from (bull market) of 24% to 91% into 1945. Taking 25yrs for market to recover 29 crash. After FDR's death taxes declined to 36% then rose again to wage war with Korean...
Possible they make this hike retroactive beginning 2021. Even if illegal, may take many years in court. Who will Supreme Court side with? Assume not WE The People. Then there's E Warrens Wealth Tax of 2% if when. Meaning if we're in bear market losing 90%, you still pay 2%. Nothing against Biden (ok unbiased moment) but with FDR's 1006 executive orders. Biden (or those in control) competing, then today with hike...? Another thought, foreign funds will not be affected, so might expect buying if we crash...gl an thx...
Then added:
Throwing this out there. M. Armstrong (computer) forcast 1985 (Dow 1200) began the shift from public to private. That bonds are in bubble today. Has 2032 as important (peak) turn. Now consider 2020 beginning (Trumps fault of course) shift from public to private. Adding those 12yrs to 1985..... 1997, Dow 8500. 98 was S&L Crisis, Russia defaulted on debt.
With foreign inflows, law stating pensions always 100% invested, 7 trillion in gov't bonds.
Possible Dow 40k 2024, 60k 2032? Then...... Also possible computer didn't factor in global shutdown....Market knows though )
Just a thought if 85 was the shift as is 2020.......Then there's 87 Crash = 2022 Crash? Word is 22 could be rough year. |
