NYSE and the status of world markets

[divs4ever]

But it will affect us whether we like it or not....

very much so

BUT will civil unrest be good or bad for the ASX

also remember Harris occasionally mentions taxing unrealized gains , but WHO would be taxed like that , foreign investors might be easy targets

 

[DaveTrade]

foreign investors might be easy targets

Lets hope not.

 

[houtman]

So what should we invest in? the domestic economy? Banks? maybe some big winners in the USA due to lower tax rates on companies?

For me,
If the Red team wins - PM's, mainly gold, some silver.
If the Blue team wins - PM's, mainly gold, some silver.

Different paths, both leading to continued inflation.

Keeping a solid cash balance until the dust has settled.

 

[Knobby22]

If Trump wins and controls both houses, then he can increase the in debt by a huge amount like last time he was in.
Last time he added greatly to the debt with $7.8 trillion added. His policies this time will add about the same amount of debt. $7.8trillion.

Harris would like to add at least $3.5 trillion but she won't be allowed to. Realistically, if Harris wins she won't control Congress so won't be able to implement her agenda.

The bond market though appears to be assuming Trump will win and is demanding higher yields or maybe its just that the economy is strong.

Trump Trade or America’s strong economy: What’s pushing up bond yields?

US bond yields have been on a tear since the Fed cut its policy rate last month, a counter-intuitive move that’s being attributed to a stronger than expected jobs market, and Donald Trump.

www.theage.com.au