US Election 2024 : Stock and Economic Comment

[Garpal Gumnut]

Delays in processing absentee and early votes in Georgia. A problem with system.

I'd guess that even if Harris wins Trump will challenge the result.

The swing states are yet to be called.

gg

 

[peter2]

Bitcoin rallying hard. up 6% in the past few hours.



Peter's pick for the Nov comp DCC rallying along with BTC. Go you good thing.

 

[finicky]

@TimeISmoney's graphic shows N.Y is blue early. N.Y. where you take your life in your hands on the subway, illegal immigrants get hotel accomodation in 'the dreamers' sanctuary city while the Anericans live in the streets, where the black mayor and prosecutors are corrupt and racist, where taxes are sky high and the industrialists are fleeing. Leave the s'hole to Jerry Seinfeld.

 

[Garpal Gumnut]

Gold is predicted to continue it's rise, less so under Trump than Harris. The $USD will make a positive difference to Australian gold holders in $AUD with the projected rise in the $USD. The NY Times says Trump has a 70% chance of winning at this point in time so lets wait and see.

gg

 

[TimeISmoney]

Trump is going to take this for sure.

 

[peter2]

None of the swing states have been called yet although Trump is ahead in both Georgia and Nth Carolina, Harris ahead in Michigan.

The window for a Harris win is narrowing. Trump 1.25 on Betfair, 1.17 on Sportsbet.

 

[Dona Ferentes]

6 minutes ago

 

[Garpal Gumnut]

NY Times is predicting 80% chance of a Trump win.

gg

 

[finicky]

NY Times is predicting 80% chance of a Trump win

Beautiful. If this goes Trump's way it's more valuable me than a quadrella win with a couple of roughies in the mix.

 

[Garpal Gumnut]

It will come down to the "Blue Wall" states as to who wins.

gg

 

[Garpal Gumnut]

The Foxnews guys see a narrow path for Harris to win.

The money is still on Trump.

Bloomberg says too close to call in the 3 states ( Blue Wall ) Pennsylvania , Michigan and Wisconsin.

gg

 

[finicky]

Is this where the late count postal balloting scheme comes in?
The entire system is stacked against him.

 

[peter2]

Betfair indicating that it's over.

 

[bk1]

Ladbrokes will let you on Trump at 1/100...
Harris 30/1

 

[Dona Ferentes]

inflation .

 

[Garpal Gumnut]

It appears that the XAO and the XJO like the prospect of a Trump victory.

Both up just over 0.8%.

gg

 

[TimeISmoney]

All Aussies preparing to exit stage left, I'm hearing.

 

[dyna]

Aussies preparing to exit stage left

The Rudster is already packing his bags , ready to fly . Joe Hockey standing by .
Oh what a day of joy for us market junkies .

Would it be too much to hope that The Donald puts the kibosh on the subs deal ?
What else can we now blow $ 400 Billion on ?

 

[Sean K]

Gold is predicted to continue it's rise, less so under Trump than Harris. The $USD will make a positive difference to Australian gold holders in $AUD with the projected rise in the $USD. The NY Times says Trump has a 70% chance of winning at this point in time so lets wait and see.

gg

Looks like it's bad for gold.

I thought the theory was that Harris was just going to spend, spend, spend, thereby kicking the debt can down the road and therefore be longer term good for gold.

A Trump win, I didn't know. Looks like short term negative.

 

[wayneL]

The moment when a Trump victory was absolutely certain beyond a shadow of a doubt...

Jim Cramer predicted a Kamala win