Rebel Traders 071 : Politics and Trading
Urgg… Politics! love ‘em or hate ‘em politicians have a HUGE influence on the markets with every random tweet, diatribe, and stupid statement or carefully crafted hyperbole.
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One thing that is undeniable is the effect politics has on the markets. We're in a world where a single 280 character tweet can send financial and economic ripples across the globe.
Right now, every politician seems to be stumping for more votes as we approach the midterms, and it can affect your portfolio.
So, in this week’s Rebel Traders Podcast, we’re going to tear it up and break it down. It doesn't matter what side of the aisle you are on and whose picture is on your wall or dartboard.
Politics can and does have a direct influence on your markets. The results of these midterms could have a massive effect on what happens next on the US economy, and we examine those ramifications.
Come and join us as we rock this out…
3 Key Takeaways From This Show
- Time horizons matter. Long-Term it will affect you. Short term traders, not so much...
- If the Republicans lose the House and Senate you can guarantee this administrations progress will be stymied...
- Plan 5-steps
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