Sports betting websites are reflecting higher probability that Biden will win. This change was associated with public attitudes towards Trump following the protests. He was using the "law and order" president, but sentiments towards the police have dropped 10%. The first stimulus package made cash trash, unrewarding to lend. so people invested in the stock market (S&P500 up 10%), one reason to hedge against inflation. How should I re-balance my financial portfolio in the event of Biden presidency?
Buy real estate in a couple foreign countries.
Wasn’t Hillary forecast to win as well
Guns and ammo, but seriously probably the stock market.
He’s likely to be relatively moderate. I would look for companies that will profit off of improved ties to allied countries (e.g. Europe) and short companies that have strong ties to Russia. The democrats will look for payback on Russia in a big way.
Why?
I doubt Biden will be competent enough to make any large or sweeping changes of his own initiative... Main difference is we won't have a orange fool spewing nonsense and fake news every day.
Look towards clean energy stocks.
The economy really doesn't have anywhere to go but up from here...30% unemployment is depression level
Did Biden say anything what he’ll do tax wise ? If he brings back salt deductions, I might buy another Shak to diversify ?
Dems gonna raise taxes for sure
Chill, folks. Biden is basically a business friendly republican. Nothing bad is gonna happen with your money.
Biden will be dead before long.
That’s why I’m voting for Vermin Supreme. Also, free pony!
Bet 25% of your holdings on Biden winning on the sports betting website. Then if Biden wins and tanks the market you're still OK.
Not gonna happen. Biden is not going to win
Let’s just keep saying that until he actually wins. It worked for Trump in 2016.
It’s Trump, again