Anonymous
Anonymous asked in Business & FinanceInvesting · 2 months ago

is the stock market rallying due to Trump losing and Biden winning? why? does it have to do something with Covid19? why?

why the stock market would be rallying BECAUSE Covid19 is spreading and more shutdowns are coming?

5 Answers

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  • 2 months ago

    It's mostly vaccine news that's making the market rise. 

  • 2 months ago

    The election is part of it.  But it's also the vaccine.  They think (we'll if they're right) that once enough of the population is vaccinated, there won't be as many shutdowns.

  • Anonymous
    2 months ago

    Biden promised a room full of wealthy donors that if he wins “nothing will fundamentally change” from Trumps presidency

  • 2 months ago

    2 possibilities:

    It's rallying under Trump's last days pumping up for a selloff and crash.

    Or "The Powers That Be" know the election results will be recalled and ruled in Trump's favor in those several states in question.

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  • Anonymous
    2 months ago

    Stock markets go up and down.  As a day trader I look forward for the Biden drop as soon as become presidents and starts announcing all the crap he's gonna do.  Then I'll start buying stock at the lowest price possible.

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