Black Monday

[couta1]

the US markets rallied yesterday to test the break down level 3330 , to day that has been respected to confirm the breakdown level

Lots of volatility incoming over the next couple of months.

[bull....]

Lots of volatility incoming over the next couple of months.

yea imagine if trump lost and refused to leave office as just one example

[Gregnz]

yea imagine if trump lost and refused to leave office as just one example

Considering they are predicting a Trump win (https://www.nzherald.co.nz/world/new...ectid=12366438), I don't think we have to worry about either scenario. I hope its not true, but seems many Americans love him.

[bull....]

Considering they are predicting a Trump win (https://www.nzherald.co.nz/world/new...ectid=12366438), I don't think we have to worry about either scenario. I hope its not true, but seems many Americans love him.

actually the market is paying premium now for a contested election outcome , dec volatility is for potential massive extreme swings

[mfd]

Considering they are predicting a Trump win (https://www.nzherald.co.nz/world/new...ectid=12366438), I don't think we have to worry about either scenario. I hope its not true, but seems many Americans love him.

Betfair market is currently implying a 44% chance of him winning. Still too high for my liking.

https://www.betfair.com.au/exchange/...ds=1.128151441

[blackcap]

Betfair market is currently implying a 44% chance of him winning. Still too high for my liking.

https://www.betfair.com.au/exchange/...ds=1.128151441

Betfair only gave him a 16% chance in 2016. Same mistakes being made by Democrats this time as last with candidate and "Trump bad" approach. Trump will get in comfortably.

[bull....]

Trump refuses to commit to a peaceful transition of power after Election Day

(CNN)President Donald Trump on Wednesday would not commit to providing a peaceful transition of power after Election Day, lending further fuel to concerns he may not relinquish his office should he lose in November.

htmlhttps://edition.cnn.com/2020/09/23/p...ion/index.html

just what we were saying could lead to big fireworks and trump said just a while ago see what happens

[blackcap]

Trump refuses to commit to a peaceful transition of power after Election Day

(CNN)President Donald Trump on Wednesday would not commit to providing a peaceful transition of power after Election Day, lending further fuel to concerns he may not relinquish his office should he lose in November.

htmlhttps://edition.cnn.com/2020/09/23/p...ion/index.html

just what we were saying could lead to big fireworks and trump said just a while ago see what happens

CNN is not really an impartial source though. They will spin it anti Trump anyway they can.

[bull....]

CNN is not really an impartial source though. They will spin it anti Trump anyway they can.

yes no love lost between them eh , but he did say when asked by that reporter that the ballot voting might be rigged if he lost ... fair to question?

[Balance]

RBNZ moving to pressure interest rates down lower and faster :

https://www.interest.co.nz/news/1071...ramme-would-be

https://www.goodreturns.co.nz/articl...-reaction.html

Excerpt : "The Reserve Bank’s (RBNZ) Monetary Policy Committee is planning to introduce a Funding for Lending Programme (FLP) before it cuts the Official Cash Rate (OCR) next year.
It essentially wants to push interest rates lower in coming months without going back on its word and cutting the OCR before March 2021."

Watch for billions of dollars of maturing bank deposits to flood into high yielding stocks in the next few months on the NZX as a first response.