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Why the stock market rallied even as a mob stormed the Capitol

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posted on Jan, 7 2021 @ 02:48 PM
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Over the last little while on ATS, i've seen a few debates around corporate America, including media, large tech companies, the venture capitalist type folks and their obvious support of the Democratic party in America, despite the Democratic parties extreme socialist leanings which would seem to be at odds with the capitalistic nature of corporations and billionaire capitalists.

There's a reason for rampant censorship of conservative and even centrist viewpoints by the large corporations in control of the majority of mass media, including social media, why, news stories are constantly skewed and biased to an obvious viewpoint, whatever the story is about.

Why, whatever happened during the election, this was going to be the outcome.

www.marketwatch.com...


A mob stormed the U.S. Capitol on Wednesday, but investors showed little reaction — lifting the Dow Jones Industrial Average to a record close and showing little appetite for traditional safe-haven assets despite violent scenes that temporarily interrupted the ratification of President-elect Joe Biden’s Electoral College victory.

That’s because the invasion of the Capitol did nothing to change expectations around the near-term political and economic outlook.

“Financial markets knew President Trump would not go away quietly, but they didn’t expect this,” Moya told MarketWatch in an email.

“No matter the political consequences of today’s takeover of the Capitol, Wall Street continues to be encouraged by the economic-enhancement possibilities of a Democratic ‘trifecta,'” Sam Stovall, chief investment strategist of CFRA, told MarketWatch in an email after Wednesday’s market close.

Investors have also remained upbeat about the potential for vaccine rollouts to allow a wider economic reopening, despite snags in distribution and worries about a more rapid spread of COVID-19 as a result of new variants.

“In the end, the events at the Capitol will not change the election outcome and likely raise the importance that the Democrats were able to pull off the ‘Blue Wave,'” he said, referring to the sweep of the White House and both chambers of Congress.

“President-elect Joe Biden will be able to push through more aggressive stimulus packages and fund spending with higher taxes,”



Congratulations, the election was bought and sold by corporate america, who intend to reap the benefits of a totally Democrat controlled government by stimulating their profits off the backs of the american tax payers.
edit on 7/1/2021 by dug88 because: Because, I personally saw little violence from the mob itself in my viewing of yesterday's footage.



posted on Jan, 7 2021 @ 02:51 PM
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Why should any of them care, higher taxes don't affect anyone in politics. They all make enough money to live without wondering if they can pay medical bills or unexpected car repairs, things like that. They couldn't care less.



posted on Jan, 7 2021 @ 02:54 PM
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a reply to: dug88

Which coupled with the new policies that are going to be enacted will give us the Greatest Depression.

A MASSIVE transfer of wealth TO the .1% FROM everyone else in the market, on a pension tied to the market, anyone with a 401K...

But hey.

They voted for it, supposedly.

Let them eat cake.



edit on 7-1-2021 by Lumenari because: (no reason given)



posted on Jan, 7 2021 @ 02:56 PM
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Investors see more free money in the form of stimulus coming... they also see the election as being over. Investors dislike uncertainty; so even a Democrat win is good from a stability standpoint.

I suspect a few insiders also know the plandemic Covid lockdowns will be over now that Biden is in office.

There is a bubble on wall street as investors don't really have anywhere to put their money right now with a decent return so all you can do is gamble on stocks.



posted on Jan, 7 2021 @ 02:58 PM
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a reply to: Lumenari

And, with America essentially crippled, corporations can focus on the new market they've slowly been building over the last few decades, one with billions of people to profit off of instead of the meager few hundred million in America.

China, south east Asia, india. America will turn into what china was for the last few decades, resource country that can be used as a source of cheap labour to fuel their new massive consumer market.
edit on 7/1/2021 by dug88 because: (no reason given)



posted on Jan, 7 2021 @ 03:00 PM
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a reply to: Edumakated


There is a bubble on wall street as investors don't really have anywhere to put their money right now with a decent return so all you can do is gamble on stocks.


As much as I personally like electric vehicle investments, I know it's a bubble lead by Tesla. The market evaluations are absolutely insane.

Then you have big tech with companies like Apple and Zoom getting insane market caps without necessarily reinventing the wheel.

The pop will be in soon. I think the only way the can prevent it is raise interest rates so people can save again.



posted on Jan, 7 2021 @ 03:00 PM
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originally posted by: dug88
a reply to: Lumenari

And, with America essentially crippled, corporations can focus on the new market they've slowly been building over the last few decades, one with billions of people to profit off of instead of the meager few hundred million in America.

China, south east Asia, india. America will turn into what china was for the last few decades, resource country that can be used as a source of cheap labour to fuel their new massive consumer market.


And people are wondering what China gets out of a Biden Presidency.

The simple answer is control over the world Corpocracy.




posted on Jan, 7 2021 @ 03:02 PM
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Of course they are excited about it.

Joe’s throwing $Thousands to millions of households. It’s a stimulus, to stimulate the economy, only achievable if the stimulus keeps coming, or the economy opens up.

Anyone naive enough to think higher taxation will not arrive once the economy opens up, is absolutely deluded. It would happen even if Trump had been elected.

That taxation will fall at the feet of the likes of you and me, and we will have to carry that weight a long time. The $Billionaires and there are many, including the large corporations who use our infrastructure, will not feel any pain.
edit on 7/1/21 by Cobaltic1978 because: (no reason given)



posted on Jan, 7 2021 @ 03:03 PM
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originally posted by: Edumakated

I suspect a few insiders also know the plandemic Covid lockdowns will be over now that Biden is in office.


I was thinking they were partly reacting to the vaccine rollout.

yours is a more cynical view but certainly makes sense.

maybe there are other factors. good weather forecast. good harvests in South America. a Kardashian is getting divorced.
global economy has many many moving parts
edit on 01032020 by ElGoobero because: (no reason given)

edit on 01032020 by ElGoobero because: (no reason given)

edit on 01032020 by ElGoobero because: add gratuitous Kardashian reference



posted on Jan, 7 2021 @ 03:05 PM
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a reply to: dug88

You are shocked that the corporatists control American politics?

As so many folk ask me, why are you on a conspiracy site?



posted on Jan, 7 2021 @ 03:07 PM
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The corporate coup d'etat. If only we predicted this would happen, wait no, if only people listened to those who said it would happen.



posted on Jan, 7 2021 @ 03:08 PM
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originally posted by: ElGoobero

originally posted by: Edumakated

I suspect a few insiders also know the plandemic Covid lockdowns will be over now that Biden is in office.


I was thinking they were reacting to the vaccine rollout.

yours is a more cynical view but I can't deny the possibility.

maybe there are other factors. good weather forecast. good harvests in South America.
global economy has many many moving parts


They've been laying the ground work to change how the PCR test is done which would reduce the "case count" the media and politicians have been using the justify the lockdowns.

CDC, FDA, WHO will make it harder to test positive virtually eliminating the cases and the Biden will be able to claim success in managing the pandemic.

Investors know economy will be opening back and people have cabin fever and will be looking to spend some money...



posted on Jan, 7 2021 @ 03:10 PM
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a reply to: Edumakated




I suspect a few insiders also know the plandemic Covid lockdowns will be over now that Biden is in office.


I hope to god you’re right about this. My senses tell me that the lockdowns will get worse. One of those times I really wish to be wrong.



posted on Jan, 7 2021 @ 03:11 PM
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originally posted by: strongfp
The corporate coup d'etat. If only we predicted this would happen, wait no, if only people listened to those who said it would happen.


You're a little over 100 years too late with that complaint.

2nd line.



posted on Jan, 7 2021 @ 03:13 PM
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a reply to: Gryphon66

Did my op come across as being shocked by any of this? The stock market's been soaring since the election results and economist type people have been saying pretty much since then it's directly due to the results.

And to be honest, i'm pretty convinced 90% of your posts are troll posts and I do wonder why you bother coming to ats. You've flipped your views on things a bunch of times over the last few months, your posts are usually pretty low effort bait posts and, sorry to say, you suck at written sarcasm.
edit on 7/1/2021 by dug88 because: (no reason given)



posted on Jan, 7 2021 @ 03:14 PM
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The stock market has nothing to do with reality, if is all about beliefs. It is a bunch of bs that lots of people get rich off of....gambling. It used to be more real pretty much back in the seventies and up to the early eighties. But now, how they rate the companies is far from sensible.

The sale of one thousand shares of a companies stock in a day can bring the price of a half a billion shares of their outstanding stock up or down a couple of bucks or more. It makes or loses money out of thin air. It is not real.

We still own some stock, but only about thirty grand worth, it is in a more secure stock. If it drops in half, oh well, maybe we sill still get some dividend checks from it.



posted on Jan, 7 2021 @ 03:16 PM
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originally posted by: dug88
a reply to: Gryphon66

Did my op come across as being shocked by any of this? The stock market's been soaring since the election results and economist type people have been saying pretty much since then it's directly due to the results.

And to be honest, i'm pretty convinced 90% of your posts are troll posts and I do wonder why you bother coming to ats. You've flipped your views on things a bunch of times over the last few months, your posts are usually pretty low effort bait posts and to be honest, you suck at written sarcasm.


Thanks for your opinion of my posts, but perhaps you shouldn't troll your own discussion with off-topic spam about me.

If you're not shocked by the fact that the government of the US is and has been corporatist, what's the point of your discussion then? Are you interested in merely offering another chance to complain about the incoming administration?

Seems counter productive to me, but please, carry on.



posted on Jan, 7 2021 @ 03:16 PM
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originally posted by: KKLOCO
a reply to: Edumakated




I suspect a few insiders also know the plandemic Covid lockdowns will be over now that Biden is in office.


I hope to god you’re right about this. My senses tell me that the lockdowns will get worse. One of those times I really wish to be wrong.


my conspiratorial take is that the whole lockdown / overreaction was orchestrated by the left only to diminish Trump and the economic recovery.

now that he's gone (in a few days) it will have served its purpose and we'll move on.

also possible the left will hold onto this event for later use.
edit on 01032020 by ElGoobero because: add content

edit on 01032020 by ElGoobero because: (no reason given)



posted on Jan, 7 2021 @ 03:22 PM
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originally posted by: strongfp
The corporate coup d'etat. If only we predicted this would happen, wait no, if only people listened to those who said it would happen.


Big business and politics have been intertwined here in America since Boss Tweed and Tammany Hall if not before. When things aren't as copacetic as the "business" side wants, you get Smedley Butler, JFK, and yes 2020.
edit on 7-1-2021 by putnam6 because: (no reason given)



posted on Jan, 7 2021 @ 03:26 PM
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originally posted by: ElGoobero

originally posted by: KKLOCO
a reply to: Edumakated




I suspect a few insiders also know the plandemic Covid lockdowns will be over now that Biden is in office.


I hope to god you’re right about this. My senses tell me that the lockdowns will get worse. One of those times I really wish to be wrong.


my conspiratorial take is that the whole lockdown / overreaction was orchestrated by the left only to diminish Trump and the economic recovery.

now that he's gone (in a few days) it will have served its purpose and we'll move on.

also possible the left will hold onto this event for later use.


We are thinking the same...

Anyone who has been paying attention knows the "cases" are a bunch of BS because vast majority are asymptomatic and not contagious. The PCR test picks up any little fragment and generates a positive case. This is why case count is soaring but deaths haven't and have been going down. The more you test, the more positives you get especially when the test is overly sensitive.

They can use the case count to beat up Trump.

This is why flu is virtually non-existent right now. Everything is Covid.

Now that Trump is gonie, to make the case count go down, all they will do is make the test less sensitive and Covid magically disappears... and they can claim Democrat policies were successful.

Just watch....



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