angrypenguin Posted October 11, 2015 Report Posted October 11, 2015 If the CPC doesn't win in the federal election and say the LPC wins, do you think the stock price for publicly traded corporations will go up or not? I think if the LPCs win, then stock prices will fall. I'm trying to figure out if I hit sell and then wait for the stocks to adjust. I am significantly vested in the stock market....and i'm now back in the black post the Chinese market problem... Quote My views are my own and not those of my employer.
On Guard for Thee Posted October 11, 2015 Report Posted October 11, 2015 (edited) Maybe talk to your stockbroker. Edited October 12, 2015 by Charles Anthony deleted re-copied [Opening Post] Quote
angrypenguin Posted October 11, 2015 Author Report Posted October 11, 2015 Maybe talk to your stockbroker. Stockbrokers are all crooks lol. Quote My views are my own and not those of my employer.
On Guard for Thee Posted October 11, 2015 Report Posted October 11, 2015 Stockbrokers are all crooks lol.Well I guess you're on your own then. Quote
Bonam Posted October 11, 2015 Report Posted October 11, 2015 I think the Canadian market will largely continue to follow the direction of the US market, with its strength relative to the US market mostly controlled by the price of oil. Canadian elections will play a minor, if any, role. Quote
angrypenguin Posted October 11, 2015 Author Report Posted October 11, 2015 I think the Canadian market will largely continue to follow the direction of the US market, with its strength relative to the US market mostly controlled by the price of oil. Canadian elections will play a minor, if any, role. What about if one's portfolio contains mostly Canadian stocks? Quote My views are my own and not those of my employer.
bush_cheney2004 Posted October 11, 2015 Report Posted October 11, 2015 Stockbrokers are all crooks lol. Right...who still uses a stockbroker ? That's old school.... Quote Economics trumps Virtue.
angrypenguin Posted October 11, 2015 Author Report Posted October 11, 2015 Right...who still uses a stockbroker ? That's old school.... Fair point! Quote My views are my own and not those of my employer.
bush_cheney2004 Posted October 11, 2015 Report Posted October 11, 2015 I think there would be a TSX concern if the NDP got a majority, but not the wannabe Liberal "neo-conservatives". Alberta is already crashing ! Quote Economics trumps Virtue.
angrypenguin Posted October 11, 2015 Author Report Posted October 11, 2015 I think there would be a TSX concern if the NDP got a majority, but not the wannabe Liberal "neo-conservatives". Alberta is already crashing !So you think it's not an issue? Quote My views are my own and not those of my employer.
bush_cheney2004 Posted October 11, 2015 Report Posted October 11, 2015 So you think it's not an issue? No issue....as stated above...foreign exchanges and oil price matter more. And Russian strike fighters getting shot down ! Quote Economics trumps Virtue.
On Guard for Thee Posted October 11, 2015 Report Posted October 11, 2015 I think there would be a TSX concern if the NDP got a majority, but not the wannabe Liberal "neo-conservatives". Alberta is already crashing !Alberta crashed with the price of oil. Sorry to burst your bubble. Quote
ToadBrother Posted October 11, 2015 Report Posted October 11, 2015 So you think it's not an issue? It isn't going to be in the short term. Why would it? Quote
msj Posted October 11, 2015 Report Posted October 11, 2015 Never mix politics with investing as they don't mix well. The differences between the CPC and Liberals are too small to have any effect. The NDP may have a small but still immaterial effect. The differences are not very big even though the partisans think otherwise. Find an investment strategy that focuses on business/statistical reasons: value investing, growth investing, momentum investing, dogs of the DOW, dogs of the TSX, buy stocks that make new 52 week highs or lows, buy sectors or countries that are cheap on a CAPE basis, choose an asset allocation and stick to it on an annual basis, or just buy a few index funds (world index stocks, world index bonds) etc etc. No need to complicate investing any further by adding unpredictable political events that often have little more than short term effects (with exceptions for revolutions/world wars). Quote If a believer demands that I, as a non-believer, observe his taboos in the public domain, he is not asking for my respect but for my submission. And that is incompatible with a secular democracy. Flemming Rose (Dutch journalist) My biggest takeaway from economics is that the past wasn't as good as you remember, the present isn't as bad as you think, and the future will be better than you anticipate. Morgan Housel http://www.fool.com/investing/general/2016/01/14/things-im-pretty-sure-about.aspx
Wilber Posted October 11, 2015 Report Posted October 11, 2015 I think the Canadian market will largely continue to follow the direction of the US market, with its strength relative to the US market mostly controlled by the price of oil. Canadian elections will play a minor, if any, role. I agree. Quote "Never trust a man who has not a single redeeming vice". WSC
ReeferMadness Posted October 11, 2015 Report Posted October 11, 2015 Stockbrokers are all crooks lol. Oh. In that case, just ask a bunch of random strangers on the internet who may or may not like you. :D :D Stocks will definitely go down - no matter who wins. Sell! SELL!!! Quote Unlimited economic growth has the marvelous quality of stilling discontent while preserving privilege, a fact that has not gone unnoticed among liberal economists. - Noam Chomsky It is difficult to get a man to understand something, when his salary depends on his not understanding it. - Upton Sinclair
ReeferMadness Posted October 11, 2015 Report Posted October 11, 2015 The differences are not very big even though the partisans think otherwise. Sad but true. There's really no choice when it comes to the politics of economics. Quote Unlimited economic growth has the marvelous quality of stilling discontent while preserving privilege, a fact that has not gone unnoticed among liberal economists. - Noam Chomsky It is difficult to get a man to understand something, when his salary depends on his not understanding it. - Upton Sinclair
Topaz Posted October 11, 2015 Report Posted October 11, 2015 On the stock market programs on TV, I heard a US broker say that investors should sell anything they have in stocks because the market is going down. So saying that, it doesn't matter who the PM is, it is what it is. Quote
angrypenguin Posted October 11, 2015 Author Report Posted October 11, 2015 On the stock market programs on TV, I heard a US broker say that investors should sell anything they have in stocks because the market is going down. So saying that, it doesn't matter who the PM is, it is what it is. Last week's rally put me whole again. I'm not so sure what that individual is going on about... Quote My views are my own and not those of my employer.
bush_cheney2004 Posted October 11, 2015 Report Posted October 11, 2015 On the stock market programs on TV, I heard a US broker say that investors should sell anything they have in stocks because the market is going down. So saying that, it doesn't matter who the PM is, it is what it is. Not because of a Canadian federal election...which was the specific question. There is a reason you watch such programs...that come from the United States. Quote Economics trumps Virtue.
angrypenguin Posted October 11, 2015 Author Report Posted October 11, 2015 Not because of a Canadian federal election...which was the specific question. There is a reason you watch such programs...that come from the United States. I was referencing the thoughts upthread that the US and Canadian economy are basically tied. So if the Canadian economy goes down.... Quote My views are my own and not those of my employer.
Peter F Posted October 11, 2015 Report Posted October 11, 2015 US and Canadian economy are basically tiednot really... Canadian economy slaved to US economy is more accurate Quote A bayonet is a tool with a worker at both ends
bush_cheney2004 Posted October 11, 2015 Report Posted October 11, 2015 not really... Canadian economy slaved to US economy is more accurate Yes....as demonstrated by this historical GDP graph: Quote Economics trumps Virtue.
bush_cheney2004 Posted October 11, 2015 Report Posted October 11, 2015 I was referencing the thoughts upthread that the US and Canadian economy are basically tied. So if the Canadian economy goes down.... Only for a small number of sectors, like commodities or energy. Most Americans don't know or care who the present Canadian prime minister is or who will be the next one, but many know the current price of West Texas Intermediate crude. Quote Economics trumps Virtue.
ReeferMadness Posted October 11, 2015 Report Posted October 11, 2015 Most Americans don't know or care who the present Canadian prime minister is or who will be the next one, or where Canada is on a map. Quote Unlimited economic growth has the marvelous quality of stilling discontent while preserving privilege, a fact that has not gone unnoticed among liberal economists. - Noam Chomsky It is difficult to get a man to understand something, when his salary depends on his not understanding it. - Upton Sinclair
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