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TheLastRefuge @TheLastRefuge2
, 5 tweets, 2 min read Read on Twitter
1. The U.S. Stock Market is factoring in a House of Representatives election loss for the Trump economic agenda.
2. For 5-yr-view investors. If you think the 2018 mid-term election will result in a Democrat controlled house of representatives; with Adam Schiff as Speaker; then getting out of the market is not an unreasonable position.
3. However, if you think the 2018 mid-term election will result in Republicans retaining control of the house of representatives; with either Kevin McCarthy or Jim Jordan as speaker; then now is the time to buy-in to the market.
4. If the GOP keep the house, all current year stock sell-offs (drops) will be made up on November 7th, 2018 (likely within 48 hours) as they were in the aftermath of the 2016 presidential election.
5. Obviously there are other factors.... But the 2018 midterm election result is the biggest current dynamic driving market fluctuations.

Those who think Dems will win - Selling (Wall Street).
Those who think GOP will win - Buying (Main Street).

Weird, yet simple, year.

/END
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