Holding Zone

by JDH on October 24, 2020

I have nothing to report this week, because nothing happened this week.  Perhaps next week will be more eventful.

There was a presidential debate, which I didn’t watch, but based on the reaction I read on Twitter, which I assume is completely accurate, President Trump will win an easy re-election.  My prediction:

310 electoral college votes.

Landslide win.


Why would anyone vote for a bully?

Because, if I am “Joe Lunchbucket”, he’s my bully.  He’s fighting for my job.  He’s fighting against China. He’s on my side, or at least that’s how I perceive it.  Reality doesn’t matter, only perception, and the perception is he’s on my side.

Also, despite the Big Bad Virus, Americans feel they are better off than they were four years ago.  They don’t feel that the country is better off.  The country is a mess.  Riots.  Problems.  But they themselves are better off, and that’s what matters, so they will vote for Trump.

How will his landslide win impact our investments?  I don’t know.  I’m pondering that.

I assume the stock market will be happy, and we will have a big rally, so if you want to gamble, by some call options and watch the fireworks.

We’ll know in two weeks……..