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Is it possible for the leftists to crash the stock market right before the election?
No trying to stir political debate. But it seems a really great (and obvious) scenario coming into the next election would be for the stock markets to be heavily tanked, thus removing one of Trump's last 'accomplishments' - record-high stocks and 401Ks.
How would this likely be achieved? Would it be as simple as a coordinated sell-off?
And (of course the $64K question) when would be the best time to implement this?
7 Answers
- Anonymous9 months ago
No. the stock-market is run by stock-brokers - not by the left, not by the president.
- Anonymous9 months ago
Soros, etc. Will try, they have billions to gamble, and certainly a Biden victory would gain them 100's of billions
- Elwood BluesLv 79 months ago
Yesterday the Atlanta Fed released its newest GDP estimate. The estimate for Q2 is -35%. That's on top of the 5% drop from Q1; thus GDP shrank 40% this year so far. https://www.frbatlanta.org/-/media/documents/cqer/... Given that kind of historically huge GDP drop, it will be shocking if the stock markets DON'T reflect the bad news with a drop.
- John WLv 79 months ago
The only thing keeping the stock market positive right now is the Fed buying stock to pump it up. Eventually they will have to sell. I guess it depends on how much they care about Trump badmouthing them in the past as to when and how fast they dump the stock.
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- InfinityLv 59 months ago
Considering Biden is leading in Texas, Florida, and Pennsylvania polls, there doesn't seem to be any need to.
