and guess how much money is going to be paid in taxes in 2021?
if Biden wins, the stock market will get hammered due to tax increases.
if trump wins, he is going to cut china's balls off bc he knows he doesnt have to worry about a third term.
the Fed is creating a bubble that they may not be able to fix, so the next crash will be much more devastating. you do realize that the stock market going up isnt really all that big of a deal if real inflation is going up.
home prices, food prices, lower wages, more on unemployment, permanent job losses, more retirees. you better start understanding real economics because the fed got away from that in 2018 after the christmas eve stock market rout. The SP500 to gold ratio is bearish. The Fed's next possible disaster is negative rates.
see, if the dollar weakens too much, they will have to raise rates bc your purchasing power wont mean chit, so who cares if the market goes up, unless you cash out your gains, it doesnt really matter, youre still not beating inflation with PAPER GAINS, and TSLA stock is top candidate for HODLERs who probably havent even begun to lock in realized gains. it's not like there is $26, trillion in cash if everyone sold their stocks, as people sell, the value goes down, thus cash decreases.
FAANG is worth $6 trillion on paper, not in real cash terms, probably more like $2 trillion at best. just wait until the 2nd wave hits the US, its already hitting Europe (unless its still the first wave)
also, people thinking going electric will solve global warming are complete fools. its a natural cycle, sure, humans may have sped it up, but the ice caps were beyond point of no return 20 years ago. EV wont solve any problems, it will actually cause even bigger problems..just wait.
enjoy buying TSLA at $350+ per share, it will likely be under $200 sometime in 2021
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