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Wed Jul 8, 2020, 11:01 AM

Goldman warns delayed election results this November similar to Bush-Gore could rock the market

Source: CNBC.com

Goldman Sachs is warning that the presidential election could see delayed results, and is therefore recommending that clients hedge their market bets through December in anticipation of heightened volatility through November.

Goldman Sachs chief U.S. equity strategist David Kostin said several factors could delay the results beyond Nov. 3, including a rise in mail-in ballots as Covid-19 keeps people from voting in person.

“Given the several-week delay in finalizing the results of the 2000 presidential election ... the elevated volumes of mail-in ballots used in recent primary elections, and potential for increased mail-in ballots this November, we see a heightened risk that election-related volatility could extend beyond Election Day,” Kostin said in a note to clients Tuesday night.

Read more: https://www.cnbc.com/2020/07/08/goldman-warns-delayed-election-results-this-november-similar-to-bush-gore-could-rock-the-market.html



Seems like an attempt to soften up the markets and electorate for what is likely a planned election theft effort. They even reference mail-in ballots as being an anticipated cause.

NOT GOOD imo.

11 replies, 1005 views

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Always highlight: 10 newest replies | Replies posted after I mark a forum
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Arrow 11 replies Author Time Post
Reply Goldman warns delayed election results this November similar to Bush-Gore could rock the market (Original post)
BadGimp Jul 8 OP
bucolic_frolic Jul 8 #1
C Moon Jul 8 #2
delisen Jul 8 #3
in2herbs Jul 8 #4
ArizonaLib Jul 8 #5
LiberalFighter Jul 8 #6
Zorro Jul 8 #7
Raven123 Jul 8 #8
McKim Jul 8 #9
BadGimp Jul 8 #10
Stuart G Jul 8 #11

Response to BadGimp (Original post)

Wed Jul 8, 2020, 11:10 AM

1. Are they part of a conspiracy?

I think they're way off here. Outcome will not be in doubt. Legal maneuvering, spurious lawsuits maybe.

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Response to BadGimp (Original post)

Wed Jul 8, 2020, 11:11 AM

2. You know that's what McConnell and Putin are planning.

That's why they are appointing so many judges: they are going to have this election tied up in the courts for months.

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Response to BadGimp (Original post)

Wed Jul 8, 2020, 11:19 AM

3. Tough. Markets roil. Anticipate and act accordingly

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Response to BadGimp (Original post)

Wed Jul 8, 2020, 11:42 AM

4. Putin only needed to manipulate a few precincts to give trump the EC while losing

the popular vote by millions. It's not going to be so easy this time if the spread between trump and Biden is millions +. The voter manipulation will be so obvious if trump gets the popular vote again to tag with the EC.

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Response to BadGimp (Original post)

Wed Jul 8, 2020, 11:44 AM

5. Capital over democracy

That's what the SCOTUS gave us in Bush v Gore. Funny how Goldman would come out with this on the same day Brooks Brothers announces bankruptcy filing.

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Response to BadGimp (Original post)

Wed Jul 8, 2020, 12:02 PM

6. Goldman Sachs should shut the hell up.

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Response to BadGimp (Original post)

Wed Jul 8, 2020, 12:13 PM

7. The election may serve as a convenient trigger date

but reading between the lines I believe GS is warning investors to take their profits now and move to cash over the next several months before the cumulative effects of Covid on the economy crater the market.

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Response to BadGimp (Original post)

Wed Jul 8, 2020, 12:16 PM

8. By all means, let's placate the markets.

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Response to BadGimp (Original post)

Wed Jul 8, 2020, 01:39 PM

9. I Interpret this Differently

Maybe GS is saying we should have an honest and clean and quick election, that Trump should be willing to lose gracefully for the sake of the sacred market.

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Response to McKim (Reply #9)

Wed Jul 8, 2020, 04:59 PM

10. LOL - yeah right

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Response to BadGimp (Original post)

Wed Jul 8, 2020, 05:09 PM

11. Stupid is still stupid is still stupid...Overwhelming victory for Biden...NO DELAYED RESULTS...

....who are you going to believe....Goldman Sachs, Trump..or..Joe Biden.... ?

...The bully/Con Artist will go down,,,,WAY DOWN...

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