Balco Posted November 7, 2016 Report Share Posted November 7, 2016 Tom LeeStocks are rallying on Monday following news that the FBI found no reason to charge Hillary Clinton after its review of the new emails linked to her use of a private server. This is seen as a "relief rally" that calms concerns about Donald Trump winning the election. Gary Shilling, like many other economists, said a Trump win would be unsettling to the stock market. In a note on Monday, Fundstrat's Tom Lee said that although there would be a stronger rally if Clinton won, stocks would still rise if Donald Trump is victorious. Here are his eight reasons: Markets already discounted a Trump win with the recent 4% slide.A Trump win could put Republicans in charge of the presidency, the House and the Senate.More than 100 business leaders have endorsed Trump, including Carl Icahn and John Paulson.The market's performance is driven more by economics than by who is president. "Many investors will identify strategies based on the specific platforms of the candidates and eventual winner-this is intuitive and logical," Lee wrote. "We looked at 6 precedent contested elections, and interestingly, found that portfolio strategy tended to follow prevailing economic trends, rather than platforms."Markets did well even under unpopular presidents like Lyndon B. Johnson.The "enormously unpopular" Affordable Care Act, or Obamacare, will likely be repealed.There are merits in Trump's economic plans including corporate-tax cuts and higher infrastructure spending.Investors would focus on Trump's potential to reform Washington, or "drain the swamp" as he says.Lee sees the S&P 500 rising to 2325 by the year-end, which is an 11% jump from current levels and the most bullish forecast among top analysts. The median forecast according to Bloomberg is 2175, or +4% from here. That implies the consensus sees stocks moving higher regardless of who wins, provided many analysts don't change their year-end forecasts after the election. Quote Link to comment Share on other sites More sharing options...
sports j Posted November 7, 2016 Report Share Posted November 7, 2016 Ive heard just the opposite Quote Link to comment Share on other sites More sharing options...
gijoe066 Posted November 7, 2016 Report Share Posted November 7, 2016 the last time a republican was in office our stocks were 8,000. now they are 18,000 Quote Link to comment Share on other sites More sharing options...
The Dark Man Posted November 7, 2016 Report Share Posted November 7, 2016 the last time a republican was in office our stocks were 8,000. now they are 18,000 yup Quote Link to comment Share on other sites More sharing options...
zzmocashzz Posted November 7, 2016 Report Share Posted November 7, 2016 a 100 business leaders lmao whats that .00001 percent Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted November 7, 2016 Report Share Posted November 7, 2016 I'd rather hear the case for the market ripping higher from a bear - not a bull. Quote Link to comment Share on other sites More sharing options...
JTGAMBLE Posted November 7, 2016 Report Share Posted November 7, 2016 Wall Street must know Hillary is winning up 341 today. Quote Link to comment Share on other sites More sharing options...
Mobetter Posted November 7, 2016 Report Share Posted November 7, 2016 trump crash Quote Link to comment Share on other sites More sharing options...
Cop Posted November 7, 2016 Report Share Posted November 7, 2016 http://i63.tinypic.com/2hxqbma.jpg Quote Link to comment Share on other sites More sharing options...
gijoe066 Posted November 7, 2016 Report Share Posted November 7, 2016 Dow up 352 points NOW. love it Quote Link to comment Share on other sites More sharing options...
fifty cint Posted November 7, 2016 Report Share Posted November 7, 2016 I heard just the opposite from some people that I trust Quote Link to comment Share on other sites More sharing options...
jam Posted November 9, 2016 Report Share Posted November 9, 2016 This guy's the Nate Silver of Wall St. Quote Link to comment Share on other sites More sharing options...
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