‘Unfathomable Consequences’
The last full week of trading before America's date with what some still fear will be a constitutional crisis was not kind to equities.
US shares dropped nearly 6%, falling in four of five sessions, and cementing a second consecutive monthly loss in the process. It was the worst full week loss ever for stocks headed into a presidential election.
The pre-vote indigestion for risk assets was capped off Friday by demonstrable weakness in tech, which underperformed following earnings. Apple had it
If Trump loses and refuses to concede, it’ll be much worse than a 20 percent drawdown. Buy-and-hold is a non-starter in that scenario, and all the people who despise him — the majority of Americans, and investors — will scramble to cash out their chips. Not that Trump cares.
Mitch said today no stimulus till January which may mean he wants to call it a day on Trump.
Spanish Study says there is a large correlation to vitamin D3 and Covid severity.
Vitamin D has been correlated as a prophylactic since the early days of the European infection. Since Vitamin D has efficacy against other viruses it is one of the usual things to look at. Vitamin D supplementation is cheap and recommended for prevention by many doctors.
Given the electoral college system used in the USA for deciding the president, I find it hard to believe Biden has a 90% chance of willing. Or am I reading the chart wrong?
The chart is tough to read. Computer scientist here, not sure if that’s a “chart crime”.
Most of America finds it hard to believe Biden has a 90% chance of winning.
Here: https://projects.fivethirtyeight.com/2020-election-forecast/
In part skepticism has been cultivated by Democrats to reduce chances of a late Red surge.
This isn’t 2016. Trump barely pulled it out in 2016 despite having pretty much everything fall his way at the end. The stars seem to be aligning for Biden this time around. I think most people will be surprised when Biden wins comfortably, but 538’s forecasting is solid (and no, assigning a nearly 30% chance to Trump winning in 2016 doesn’t mean they got it wrong).
Imagine if trump and friends get short and then contest/drag through the courts etc. what a windfall into retirement.
There are so many self-centered possibilities
Is there any chance that Biden wins?
Pretty good, I’d say.