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You know what, there has been a persistent bid as we call it underneath this market for months, despite the virus and the unemployment it is a puzzle enigma. I am trying to figure out why people keep buying i had an epiphany last night i was going over preparations for my monthly club talk this time looking at it through the lens of the election, it is only 20 days away. You know what . Of the 32 stocks we own for the trust, fully twothirds of them would do better under a biden presidency that caught me by surprise we were trying to bail out the election honestly i have been under the assumption that the market may take a hit if biden wins he wants to raise Corporate Tax and Capital Gains tax and rich people pay your own stocks. Is that good policy . I dont know given biden has been getting some incredible poll numbers the last few weeks it has become a real possibility. Many o ....
Extremely that would send an already sagging market even lower to the weekend when President Trump spoke, he was so mad that the market was able to make a comeback, now ultimately dipping just 18 points the nasdaq surging 1. 29 lets understand our idea of measured response is not chinas idea of a measured response. I think theyre going to see this as a real provocation, and theyll feel compelled to respond, which brings us to the game plan for next week. Mondays all about retaliation from china at this point, we all know how this story goes, right it always is tit for tat every time President Trump lands a blow, its met with a counter blow we have to presume china escalates things, if only to show they understand the end game, which seems like containment or isolation except this time maybe were the ones being contained. For decades we refused to recognize the peoples repub ....
If this high-octane tech stock comes anywhere close to meeting Wall Street's consensus of 30% annualized earnings growth through 2028, buying shares now would be an absolute bargain. ....