boberic Loc: Quiet Corner, Connecticut. Ex long Islander

This is the official "If Biden" economic poll. The DOW is currently at 27,000. What is your prediction of the DOW the day after Biden is elected president? Both as a percentage and the number.

tradio Loc: Oxford, Ohio

IF, Biden is elected, the market will burst into flames and end up around 900 points but, we don't have to worry about that. Trump will take him off at the knees.

DennyT Loc: Central Missouri woods

No change the market is not connect to the president .. either republican or democratic

Architect1776 Loc: In my mind

1,000 will be the number.
Biden will be in a corner with his Playschool phone thinking he is running things while the democrats completely do away with capitalism and implement a Soviet system in it's place.
Because if Biden wins the House and Senate will go heavily democrat to a point it will never be lost by them again.
Biden will just be happily drooling in his corner.

travelwp Loc: New Jersey

Frank T Loc: New York, NY

the market always goes up when someone new is elected.

Architect1776 Loc: In my mind

Dow was going down day before 2016 e******n in anticipation of Hillary winning

gorgehiker Loc: Lexington, Ky

I know that this is a difficult concept to grasp, but the level of the Dow Jones Industrial Average is not the only important issue in our country.

boberic Loc: Quiet Corner, Connecticut. Ex long Islander

nobody ever said it was. But the Dow (and the S&P 500) are measures of the success or failure of the economy

Architect1776 Loc: In my mind

What then is?

Frank T Loc: New York, NY

Pure conjecture on your part. Can you prove causation as opposed to correlation? Probably not. BTW How's the weather in Moscow?

Architect1776 Loc: In my mind

????
Just Google it like I did, real simple.
Moscow???????

smf85 Loc: Freeport, IL

It's not useful for investment - politicians generally use it to promote their impact on the market (and lack of it by their challengers). Funds use it as a 'yardstick' to show how good they're down (or how bad the other guy's fund is doing). The news both real and otherwise also use it as a yardstick. There are a whole lot of things much more important that go into an investment decision.

About making an investment decision. The WSJ (I don't know if they still do it) once a year in would take the entire list of regular NYSE symbols and put it up on a wall and throw darts at it. They would then track the stocks that the darts hit. At the same time they'd take a groups of top rank investment managers and ask them for a list of stocks to invest in. They would track the picks of the experts. Throughout the year the various picks would be priced and the progress of the two groups noted. At the end of the year the darts would turn out to be a better investment strategy a surprising and significant number of times.

The market has no memory and the DJIA is simply a number without causality.

boberic Loc: Quiet Corner, Connecticut. Ex long Islander

Tell that to anyone with an IRA or a 401K. Or a house. Thye indexes ARE 1 measure of how the economy is doing. In 1968 the idexes fell dramatically. People , almost everyone. Lost 1/2 of their money tied up in retirement funds. houses dramaticaly lost value The country took a very cold bath.

yhtomit Loc: Port Land. Oregon

Keep telling yourself that.