What Will Happen ..... With The Stock Market

[Mr Roxy]

Posted: 11/2/08 at 6:17pm

If Obama wins?

If Mc Cain wins?

Posted: 11/2/08 at 6:20pm

If Obama wins and the market goes down it's Obama's fault.

If McCain wins and the market goes down, it's Obama's fault.

If Obama wins and the market goes up, then it would have gone up MORE if Obama would have lost.

If McCain wins and the market goes up, well that just proves McCain is better.

Miss anything, Roxy?

[KathyGriffinLovesYou]

Posted: 11/2/08 at 6:23pm

Who would've thunk that "Theatre geek" and "Republican" could describe the same person?

[PalJoey]

Posted: 11/2/08 at 6:36pm

8 years of Bush/Cheney politics and the reckless deregulation that Reagan began have hurt the stock market more than a simple rebound can correct.

If Obama is elected, it will take at least five years before this downturn starts to right itself, probably more like 10.

If McCain steals the election, there will be a worldwide depression and China will solidify its growing status as the world's leading economic superpower. The United States-as-Superpower, as we knew for most of the 20th century, will cease to exist.

[Mr Roxy]

Posted: 11/2/08 at 7:23pm

No it will be a last chance to blame GWB.

It is amazing the entire Obama platform is " I'm not GWB".

We shall see who was right or wrong vs Obama within 2 years or sooner.

To Kathy, I know the idea of any other view other than yours is foreign to you. Having said that I am a registered Independent. All I know for sure is I am not voting for Jesus /Obama. Who I do vote for , possibly a fringe candidate, I have not yet decided.

Updated On: 11/2/08 at 07:23 PM

[best12bars]

Posted: 11/2/08 at 7:48pm

Roxy, seriously... that's probably the most unrealistic thing you've ever posted!

If you think EITHER candidate, or this one presidential election, is going to miraculously turn our horribly ailing economy around in two years, you're insane!

It took us at least five (if not eight) years to get us into this giant mess... with a bunch of greedy banks giving "funny money" loans to naive, cocky, "entitled" Americans allowing them to believe their houses were worth WAY more than they actually were (or could possibly ever afford to be).

We're still not back down to earth yet. We're barely halfway there. "Average" people STILL can't afford to buy "average" houses. We've got another year (at least) of real estate drops before we can start looking at things realistically again.

So if you're pinning all your financial hopes and dreams on the next TWO YEARS? Or on any one man. Or one election? I can already tell you that you've lost.

GAME OVER.

And it doesn't matter WHO you're (not) voting for.

I'm just hoping that thing are STARTING to head in the right direction again in two years. Not still sinking even lower than they are now.

But to think we'll be out of the woods by then? No way.

As Bush Senior might say...

Not gonna happen.

[Mekroth]

Posted: 11/2/08 at 9:17pm

My economics teacher is predicting that stocks will drop significantly the day after election day, no matter who wins.

[LePetiteFromage]

Posted: 11/2/08 at 9:39pm

Updated On: 1/10/09 at 09:39 PM

[vbplayer]

Posted: 11/2/08 at 11:53pm

I'm loving best12bars right now.

[KrissySim]

Posted: 11/3/08 at 12:09am

I'll challenge your economics teacher, Mekroth, and predict a rally in trading the day after the election because investors will know where to invest. However, the market will slide thereafter (within a few days or so) because the realities of the economy will not change in the near term.

Just an intellectual challenge, for the fun of it.

[Mekroth]

Posted: 11/3/08 at 12:18am

Well, I'll present it to him, Krissy.

[miss pennywise]

Posted: 11/3/08 at 12:53am

vbplayer, I am always loving best12bars.

[TomMonster]

Posted: 11/3/08 at 12:57am

Me too, Miss Pennywise!

[Mistress Overdone]

Posted: 11/3/08 at 8:27am

It is amazing the entire Obama platform is " I'm not GWB".

No, that was the Kerry campaign in 2004 (which didn't work). Obama's campaign has been about a hundred times more well-run (and I say this as someone who didn't vote for Obama). His strategists did a great job on this one.

[Reginald Tresilian]

Posted: 11/3/08 at 9:40am

I'm pretty sure that "I'm not GWB" has been McCain's entire platform for the past three weeks, at least.

Posted: 11/3/08 at 11:34am

No matter who the new president will be, this will be a better Christmas as people will be looking forward to Bush being gone. Consumers tend to spend more when they think thinks will be getting better.

[LePetiteFromage]

Posted: 11/5/08 at 3:10pm

Updated On: 1/10/09 at 03:10 PM

[KrissySim]

Posted: 11/5/08 at 3:20pm

I was wrong there. And I'm more than a bit surprised. In the long term I expected them to go down, but the day after the election? I expected at least a modest rally because people will know where to invest.

Your teacher wins, Mekroth .

But this isn't good news.

[Mr Roxy]

Posted: 11/5/08 at 5:53pm

Looks like , as of today, the market is not to bullish on Mr Obama & his policies.

[LePetiteFromage]

Posted: 11/5/08 at 5:56pm

Updated On: 1/10/09 at 05:56 PM

[Calvin]

Posted: 11/5/08 at 5:57pm

So, since you have such keen insight, Roxy, what would the market have done were McCain elected? Soared up to 14,000 again while spitting a shower of rainbows and unicorns over Wall Street?

[KrissySim]

Posted: 11/5/08 at 6:42pm

I expected a rally, not a bull market, following the announcement of the winner no matter who won, then a decline. Today's economy is not due to Obama. Perhaps it will take longer for investors to plan a new course of action with Obama's strategies. It is in everyone's interest to have a thriving market. But I am sure the oil companies and coal companies are disappointed. The Bush administration has been working in anticipation of that.

What happens between now and January 20 is no indication of what will happen after January 20. Don't expect immediate changes even then.