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  1. #1
    Indiana Bass Club Moderator sc419795's Avatar
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    How long will this last

    The market is long over due for a pull back however there do not appear to be any signs of that coming soon. Hoping this does not turn political....so lets not comment on pro or against impeachment...but...any opinion if impeachment could be the trigger for the market to adjust? My gut feel is yes however interested in other opinions.

    Again, lets keep our focus on the actual act of impeachment and the impact on the market. Not whether you agree/disagree that the current administration is guilty or innocent or should or should not be impeached. Lets just say for this discussion the impeachment actually happens and what would the impact be on the market.

    Thanks, Steve
    Steve
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  2. Member Finlander's Avatar
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    #2
    Keep your eye on Europe and Asia. It is presumed that the US is approximately 6 months to a year behind these markets.
    2012 Ranger Z519 Comanche - Merc. 225 Pro XS - 24 Razor 4 XL/25 Tempest Plus

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    #3
    I think the closer we get to the election the more volitility you will see in the market, impeachment or not..

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    #4
    Quote Originally Posted by Gamblerman65 View Post
    I think the closer we get to the election the more volitility you will see in the market, impeachment or not..
    I agree with that

  5. Indiana Bass Club Moderator sc419795's Avatar
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    #5
    Quote Originally Posted by Gamblerman65 View Post
    I think the closer we get to the election the more volitility you will see in the market, impeachment or not..
    I 100% agree on that.
    Steve
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    #6
    There are two things that I feel that would have the biggest negative effect on this run-up.

    One is a collapse in negotiations with China. The second would be who becomes the challenger in 2020 final election.

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    #7
    I think impeachment would have a negative affect on the market for sure. Like him or not he is a known commodity.

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    #8
    Quote Originally Posted by Bassin08 View Post
    There are two things that I feel that would have the biggest negative effect on this run-up.

    One is a collapse in negotiations with China. The second would be who becomes the challenger in 2020 final election.
    I think you hit the nail on the head. I also think China could be stringing the negotiations along and then pull the rug out just to cause chaos.

  9. Member Jafaar's Avatar
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    #9
    Quote Originally Posted by Gamblerman65 View Post
    I think the closer we get to the election the more volitility you will see in the market, impeachment or not..
    100!

  10. #10
    IMO, trade negotiations with China will be the biggest player short term.

    There's no chance of impeachment, it will not even be on the economy radar.

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    #11
    Quote Originally Posted by mossie3 View Post
    IMO, trade negotiations with China will be the biggest player short term.

    There's no chance of impeachment, it will not even be on the economy radar.
    Good point

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    #12
    My advisor told me that there is always a downturn around the election, if you look at real data the market had more of a return under Obama than Trump, with his departure when it and how it happens I feel will be no impact.
    https://fortune.com/2019/11/01/trump...asdaq-economy/

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    #13
    Wall Street has pretty much ignored the impeachment circus as should we all. The issue that will cause turmoil in the market is the possibility of a socialist candidate becoming President of what was once a free market society. Think Venezuela. Unlikely that this will happen unless the people who believe in equality of outcome turn out to vote in greater numbers than those who believe in equality of opportunity. The fact that it is even remotely possible will cause for uncertainty in the market and will throw a wrench into the gears of the humming machine that our economy has become.
    PLEASE VOTE.