I heard Let Diary Die.
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Political Thread
- Thread starter Bama Ravens
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1. @NCSNOW, thanks. I defer to what @Downeastnc just said.
2. Dow futures are way up at over +300! I believe that Biden’s impressive night is a, if not THE, major reason. The last person most investors want as POTUS is Bernie. His chances have clearly dropped sharply tonight. They’d much rather have Joe if it isn’t Trump.
2. Dow futures are way up at over +300! I believe that Biden’s impressive night is a, if not THE, major reason. The last person most investors want as POTUS is Bernie. His chances have clearly dropped sharply tonight. They’d much rather have Joe if it isn’t Trump.
Downeastnc
Member
Biden being the front runner would at least slow down the drop off I think....the fact remains that EVERYONE that follows this stuff knows that Biden has a legit hell even likely chance to beat Trump....and he is really the only Dem currently in the field to do so....do not be surprised if you see him pick someone like Michelle Obama to be his running mate, honestly if that was the ticket I think Trumps chances would drop another 2-3%....
Benefiting from the votes that would have gone to the people who dropped out. Warren and Bloomberg are done. Hard to believe that an elderly man with advancing dementia is the best the Democrats can put forward. And Bernie will fall in line like he's told to. Just watch.
LetItSnow
Member
Yep, they're so desperate they'll pander any way they can, then once he picks her he has some kind of "accident or episode."
One key will be for Biden to not have too many gaffes. After mixing up who was on each side of him between his wife and sis because they apparently were standing on the opposite sides that he thought (a funny moment which will likely circulate and typical of his gaffes), he gave a strong speech, even despite those two nuts interrupting him. He was startled but then pulled himself together.
I am frankly worried for Biden that Trump would tear him apart in any debates they may have. One big key will be the economy come fall.
Trump— a man who makes things happen
Bernie— a man who takes things from those who make things happen
Biden— a man who doesn’t know what’s happening
Bernie— a man who takes things from those who make things happen
Biden— a man who doesn’t know what’s happening
LithiaWx
Member
I don’t buy that the dem primary has much of an impact on the markets. There are serious supply and possibly demand issues, the market was way too high prior to the pandemic, and we have companies already forecasting zero growth for 2020. The fundamentals arestrong in the market but we have some serious forces pushing things down. Add panic and it’s a cluster. The market will be bumpy for a few months at least. I expect another 15-20% shave off of our current numbers before we find the true bottom.
Downeastnc
Member
I could see all of this happening.....GDP forecast kinda flat as the year goes on, economic growth obviously slowing without virus panics.....add election year jitters, and the fact the market is overvalued and propped up and who knows.
LithiaWx
Member
the wallstreet casino. I could be 100% wrong. If I was so sure I’d just short the market. Just am not confident enough to put my money there. I pulled back into about 60% bonds, 30% semi aggressive stocks and 10% cash. I did that about 5-10% ago so far a good decision. I was at 80% stocks, 10% bonds, and 10% cash.
No way to sugarcoat this, this was a bad night for Sanders even if he carries both CA/TX. When he lost MN/MA......Speaking of that, I was uncertain yesterday, but definitely certain tonight, Warren really f-d Sanders over, I can only imagine if she wasn't in the race, Sanders probably would have carried MA, MN, and possibly ran away with ME.
Brent
Member
Interesting
Sandbar
Member
Which is exactly why this is going to be a slaughter for Trump in November
snowlover91
Member
Imo polls were way off on things with Sanders vs Biden... i trust them a lot less after how 2016 turned out.
With Biden now ahead in TX, I feel confident now in saying that this is about THE quickest big turnaround in the primaries in all of the years I’ve been following them. I still say this is the main reason the stock indices are sharply up tonight.
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MichaelJ
Member
Now it is a Bernie-Joe race to the finish line. I fully expect the establishment Democrats to make sure Joe gets the nomination even if they have to cheat to do it. The "debates" from now on will be fun, Joe will mistake Bernie for his wife at some point and kiss him, on the mouth.
LetItSnow
Member
Alabama, Arkansas, Colorado, Oklahoma, Tennessee, Texas, & Utah had more votes for Trump than the top 3 in D's field; some states it was very close to Trump having more votes than the entire D field. Alabama obviously were more votes for Trump than the entire D field, Colorado was a big surprise though at being close.
Folks are energized for sure, need it to maintain at a minimum and ideally increase.
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Sandbar
Member
I was about to make this point as well! Trumps supporters coming out in full force when he is basically running unopposed is huge! The Dem primaries are going to get interesting now. All out war between Sleepy Joe and The Bern. Oh and Bloomberg won American Samoa for 3/4 of a billion! What a bargain.....
Downeastnc
Member
It had more to do with the moderate Dems dropping out and Biden getting all the endorsements IMO, polls are not going to be able to accurately capture big moves like that over just a few days time usually....
snowlover91
Member
Yeah that probably had a role in things as well, pretty hard to quantify what effect that had. Who do you think Biden picks as VP if he's the nominee?
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