Media and Polls Interpretation of the Markets Resulted in a Huge Mistake in 2016 that is Doomed to Reoccur in 2020
When Comparing the Dow Jones at 18,332 back in 2016 with the 27,245 disclosed in the eve of 2020 election we can see similarities and differences. Using market analysts and pollsters by the media is just a tool of using “experts” and “business insiders” charlatans that live in the same echo chamber which enables them to pose as serious analysis outlet. The underlying goal of the decision makers is attracting viewers and advertisers as well as making a public opinion stunt done for influencing voters, poll judges, Search Engine Demoters, riot planners, judges and so on.
By watching the increase in market capitalization we can conclude as well that Democrats and “expert” Pete Buttigieg made a false claim that the markets were better in Obama days, specially when factoring in the pandemic and the corruption of Obama’s administration.
But Biden and his campaign are making mistakes that will ensure little of this matters. And the polls are almost certainly wrong again. The only question is by how much.
Nevertheless the same charlatans and pollsters that were wrong are getting paid to do the same again because politics is about brainwashing the public using “experts” that repeat the same narrative in various outlets at the same time. Repeating the same narrative in various outlets make many people buying into their agenda or being afraid of expressing a dissenting thought.
Whether it’s President Donald Trump in the Oval Office for the next four years or former Vice President Joe Biden, it really won’t make that much of a difference, according to a Wall Street expert. Craig Fehr, an investment strategist at Edward Jones, said that while there are distinct differences between Biden’s and Trump’s policies, the volatility that has been seen in recent weeks is likely to subside, with the market returning to an upward trend no matter who wins. “We think this demonstrates that once election uncertainties are replaced by a clearer policy outlook (regardless of which political party will be setting those policies), the market typically refocuses back on the fundamentals of economic and earnings growth – both of which we think will be positive next year,” Fehr told FOX Business via email.
US State Dept. According to the US Defense Security Cooperation Agency, the US State Department has approved Friday a potential $3.64 billion sale of advanced AIM-120D-3 and AIM-120C-8 air-to-air missiles, and related equipment to Japan.