Biden declared winner of the 2020 election and the Dow tops 30,000.
Another Trump lie that if Biden wins, the Dow will tank.
Also, it shows how stupid and wrong, those who call Biden a socialist, are.
If a socialist became President of the US the Dow would tank.
Time to start flushing the lies and liars out. The sooner they are gone the better.
EVERYONE knows the demand is pent up with limited supplies like in the tech sector (see any ps5 ad or the latest series of Nvidia graphic cards what does it say about supplies?)
A LOT OF NEW TECHNOLOGY is supposed to be released by the end of the year 5g phones, new chips, thus new computers, new vr gear, new gaming platforms etc, whereby the end of the year is usually a good Christmas buying season bounce off the 3rd quarter correction.
In this case it's more explosive, off overly sold financial stocks and consumer and tech stocks are driving higher all because of
PROJECT WARP SPEED, THE VACCINES and the light at the end of the tunnel is driving money back in and even further through International investments as they suffer setbacks and find refuge in our soon to bounce back economy-they therefore throw their cash that had been sidelined into our markets.
This has nothing to do with Biden bringing in corrupt friends in his cabinet. If anything that will bring a pull back next year if he avoids prosecution and maintains his illegitimate foothold.
When Trump said those things he was talking about if and when he took office and policies are implimented or reverted back to the days of failures. Since the house is more even and senate even for now, the pre term investing sentimate is that he won't be able to mess up things with checks and balances if he were to take office.
He hasn't even taken a physical, don't you think that's important?
He can't even tell the difference between cities he's in, his wife and sister, his Delaware Blue hen insignia and an Philadelphia Eagles one=fails basic cognitive tests. What does that make the voters who voted for him?