Submitted by agilmore1080 t3_yfqooz in wallstreetbets
notausername86 t1_iu5hian wrote
Reply to comment by imperator285 in This current rally is WHOLLY dependent on a single man's speech next Wednesday by agilmore1080
Yea that is part of my reasoning in my thought process. I also think late nov/ early Dec b/c depending on the outcome of the elections, there will be a couple weeks of sideways trading, or potentially a rally so whom ever wins can go "see, the economy is great now!" Before it just tanks. Also earnings have been lack luster and I doubt the earnings in Nov are gonna be much better
agilmore1080 OP t1_iu5rs1i wrote
If the GOP wins congress they'll probably start threatening the debt ceiling as well. That's always good for a significant market drop in a normal economy. God only knows what kind of effect that'll have in this one.
Viewing a single comment thread. View all comments