Quote (thesnipa @ Jan 16 2024 02:41pm)
curious to see if the market will rally on a trump win like 2016. price to earning ratios will be wild if so, i dont see any underlying value adders other than potential tax savings boosts. but afaik biden didnt torpedo those measures so idk.
2016 was a very uncertain campaign, even if people pretend it was obvious the entire time.
We had Bernie on the Dem side who looked like he could sneak it, Trump coming out of nowhere on the Rep side.
You can see it around Feb 2016 where money just stopped going into the stock market as both the primaries heated up, and it didn't go back in until elections were over after November.
Since the field is much less uncertain this time, I wouldn't count on it.