Midterm elections and stock market

Though it is not a positive for the economy if Democrats regain the house and effectively sideline Trump till the next election, reality is that it is very unlikely that they retake the Senate, which means they will not be able to push through any legislation to negatively impact the economy. That means clear sailing till the 2020 election and if Trump doesn't move up in the polls by then we are likely to see a recession around that time frame as business fire well before the election if the outcome is certain. Just look at the acceleration of firing prior to the 2008 election, business were voting before the November election and significantly ramped up their firing.

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1 minute ago, Joanna said:

Though it is not a positive for the economy if Democrats regain the house and effectively sideline Trump till the next election, reality is that it is very unlikely that they retake the Senate, which means they will not be able to push through any legislation to negatively impact the economy. That means clear sailing till the 2020 election and if Trump doesn't move up in the polls by then we are likely to see a recession around that time frame as business fire well before the election if the outcome is certain. Just look at the acceleration of firing prior to the 2008 election, business were voting before the November election and significantly ramped up their firing.

So this could be an environment where checks and balances on trade policy might be a welcome thing so we could see some upside from midterm elections

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1 minute ago, Stephen said:

So this could be an environment where checks and balances on trade policy might be a welcome thing so we could see some upside from midterm elections

I think 1st quarter earnings will be strong...and second quarter earnings will be even stronger. Still, Snowflakes will figure out some way to screw things up for their political benefit.

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Just now, Meanwhile said:

I think 1st quarter earnings will be strong...and second quarter earnings will be even stronger. Still, Snowflakes will figure out some way to screw things up for their political benefit.

The wind is definitely blowing in Dem direction..First a very close senate won in Alabama...

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1 minute ago, Sefko Trafikant said:

The wind is definitely blowing in Dem direction..First a very close senate won in Alabama...

If Democrats win enough seats in Congress mid term, then I see a big market correction.

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(edited)

Just looking forward to election season being over with at this point! 

Edited by Mr RS
correction

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