General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe stock market seems to love yesterday's election results.
Right now it's up 1.68%, or a fraction under 430 points.
3_Limes
(363 posts)But, of course, that's not what Donnie is going to say.
Awsi Dooger
(14,565 posts)I posted a couple of days ago that it would rebound regardless of the outcome, due to clarity.
PoindexterOglethorpe
(25,839 posts)But yes. I keep on hearing "The market hates uncertainty" and no matter what anyone thinks personally of any of the results, now they are almost all in. Certainly the switch of House control from R to D is done.
Awsi Dooger
(14,565 posts)I'm starting to get a better feel for how the market reacts
TlalocW
(15,378 posts)Not much, but on one app, you can choose to invest in funds that meet a certain criteria - like Environmental companies, LGBTQ-friendly, healthcare-related, etc. I chose a pretty volatile one - Corporate Cannabis. Almost immediately after putting money into it, my investment was in the negatives by about $35. Earlier this year it zoomed to over $100 positive then dropped last week to $4 under. After last night with some pro-marijuana state issues getting passed, it's up $37.
It's also funny to see the graphs of my day-to-day investments. You can see the total timeline, last year, last 6 months, last 3 months, last month, current day. Under Obama, it was a nice smooth positive curve, which changed almost immediately to what looks like jagged mountains once Trump took over.
TlalocW
Blue_true
(31,261 posts)Loves that the House will reign in Trump's exceses, but repugs have more grip on the Senate.
Gridlock=Status Quo.
TeamPooka
(24,216 posts)Ilsa
(61,690 posts)PoindexterOglethorpe
(25,839 posts)And to think that people here will officially freak out when it falls 200 points, or less than 1%.
If it does as well tomorrow we'll be back in record territory.
DavidDvorkin
(19,473 posts)PoindexterOglethorpe
(25,839 posts)My guess is that it won't matter, and of course we won't be able to be sure that if the Dow does anything other than a tiny loss or gain, it will be because of Sessions.
Ilsa
(61,690 posts)I'm invested in the market, but I'd rather see justice done.