01-14-2024, 7:55am
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#17
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Barn Stall Owner #112
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Quote:
Originally Posted by Frankie the Fink
The "Bidenomics" drumbeat is subsiding, as the election cycle continues, the Dems are discovering they really don't have a lot to brag about.
America's credit rating downgraded for only the second time in history, massive deficits, unchecked spending and then Kamala says most American families are only a $400 unexpected expense away from poverty... So, where is the booming economy ? Oh yeah record stock market.
Any dolt with 1/2 a brain knows the market, in the long term, is a predictor of the future, 6-18 months ahead. The rise is prob anticipating a) the Fed lowering rates to make Biden look good this year, and, b) a hope that things will improve after a turnover election.
Then we find out the glowing latest job numbers were just flat out wrong.
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Outlook for the market is good because only a fool would leave their portfolio in cash or government bonds. The dollar is near collapse.
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