Biden wins White House, vowing new direction for divided U.S.

Re:Biden wins White House, vowing new direction for divided ... by faebi on Saturday November 07, 2020 @02:32PM (#25018092)

Is this good or bad for the stock market? Or does it not matter at all?

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Re:Biden wins White House, vowing new direction for divided ... by tiziniano on Saturday November 07, 2020 @02:47PM (#25018344)

Of course it matters: If there is an income tax increase, if COVID lockdowns are renewed or imposed on a more federal level, if the US ceases to be a net exporter of oil, if the tariffs with China are suspended, they will go down.

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Re:Biden wins White House, vowing new direction for divided ... by lalaland1125 on Saturday November 07, 2020 @02:59PM (#25018545)

If the tariffs with China are suspended the stock market will probably go up. The trade war with China has been a disaster.

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Re:Biden wins White House, vowing new direction for divided ... by TechBro8615 on Saturday November 07, 2020 @02:39PM (#25018213)

It depends on the senate. If republicans hold control of it after GA runoffs in January, then it will be good for the market. The market likes gridlock.

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