Post by
Wynjoe on Dec 21, 2020 10:50am
Markets will "reward"outgoing Trump!!!
During Trumps presidency he was market oriented,to say the least,in return,markets hit all time highs.After inauguration,markets will be shorted like never before to penalize Biden.With "Bidens trillions",that will be spent on reducing fossil fuel consumption,oil and gas stocks may suffer.Markets will stagnate with unforseen debt.while oil majors pump more oil to meet their own debt obligations in an already saturated market.If this new strain of covid,proves unrelenting,and/or our recently approved vaccines dont work on these new strains,it will be a race for the bottom,i.m.o.!!!
Comment by
thegreattimario on Dec 22, 2020 9:34pm
Actually the market will be glad to get rid of the uncertainty trump has caused over the past two years.