Quote:
Originally Posted by Dan47
“Biden's first 100 days have already delivered the strongest post-election equity returns in at least 75 years, due to record fiscal stimulus” OP
Come on, man! WTF? Difference between nominal and real plus the only thing being stimulated, is mostly overseas manufacturing, mainly China. Yea, ‘Murcia!
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Yes, stimulus is a HUGE reason that the snowball is getting bigger.
Trump started it, and Biden just continued it.
You have to think that it'll keep getting bigger, as the travel, transport, and entertainment industries have yet to realize full capacity.
Rising fuel prices could put a damper on some of that, but imo, we have a bit to go before the peak.