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Investor worries climb as the election nears

from Bloomberg

One Measure of Investor Worry Just Hit Its Highest Level Ever - Bloomberg

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Old 10-12-2016, 03:44 PM
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Street figured most likely outcome D president R house R senate, and possible but unlikely D pres R house D senate. Now Street thinks some small but non-zero chance of D pres D house D senate. Pressures certain sectors (healthcare, financials), lifts others (construction, tech).

Also earning season started off with Alcoa, as always, and Alcoa whiffed badly.
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Old 10-12-2016, 04:11 PM
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and I was expecting a lot of demand for tin foil hats this election cycle. Oh well.
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Old 10-12-2016, 04:33 PM
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From the article:

Even with Hillary Clinton taking her biggest lead in the polls since August versus Republican Donald Trump, the relative cost of hedging a 5 percent decline in an exchange-traded fund tracking the S&P 500 is twice the cost of betting on a gain, according to data compiled by Bloomberg. High readings in the indicator known as skew came even as the CBOE Volatility Index spent the previous three weeks trading below 14, on average.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Old 10-12-2016, 04:47 PM
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Correlation does not equal causation. Why weren't you out stocking up on aluminum foil? Alcoa needed you!
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Old 10-12-2016, 05:00 PM
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Fine. Shoot the messenger.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Old 10-12-2016, 10:45 PM
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Not just you fulla's election and all the Donald Chump concern stuff; the German banks have run out of money too
Old 10-12-2016, 11:31 PM
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Doesn't the market always experience some jitters right before an election? I think that some corrections are coming but overall, things will be fine.

I can tell you that my personal economic indicators are doing well this week but they are tied to people working and making a lot of $$ as opposed to living off investments in a small town somewhere.
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Old 10-13-2016, 07:18 AM
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Quote:
Originally Posted by pwd72s View Post
Fine. Shoot the messenger.
Only when the messenger feels compelled to ad lib.
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Old 10-13-2016, 09:12 AM
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Happens at the end of every 8-year cycle. Easily predictable.
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Old 10-13-2016, 09:14 AM
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Quote:
Originally Posted by speeder View Post
Doesn't the market always experience some jitters right before an election?
Pretty much, seems like no matter what happens, someone is making money off it.


Tabs will be along presently to give you boyz the straight of it and point out how he predicted this 3 years ago on the Charlie Rose message board.
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Old 10-13-2016, 09:17 AM
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Haha, yep.

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Old 10-13-2016, 10:35 AM
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