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How's the economy doing?
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General information
Forum:
Politics
Category:
Economics
Miscellaneous
Thread ID:
01662222
Message ID:
01662563
Views:
20
>>Trying to decide whether that means you actually agree with POTUS that rate rises are having an effect on the boom.
>
>OF COURSE THEY DO.
>They sparked the boom and the Fed is trying to moderate it, hence the downturn.
>With full employment (because of Fed easing), future growth at those rates can only cause inflation.

I agree with that.

Also Trump starts trade war (aka tech trade war) with China for o reason, creates tariffs.... and now tech stocks drop....all others follow... Hardly shocking outcome lol :)
What does stock market hate? Uncertainty. -- and one thing is certain - Trump causes mass uncertainty.

Remember me saying their would be a recession? Every Republican since Teddy Roosevelt has had one in their first term -- this one will be no different.


>>As for the inflections: share market falls from record prices are one thing, but how about capital spending? Manufacturing jobs? Small business confidence? How about the Quinnipiac results of 70% of US voters saying the economy is excellent or good?
>
>All of those things are a direct result of the Fed's policies
>
>
>>>E.g. you had said the tax cuts would go to the rich-
>They did.
>When you cut marginal rates the highest rated payors benefit most.
>
>
>>> so what's the cause of those 3 inflections and wide voter confidence specifically?
>Can't speak to blips.
>The trend is inescapable and it began in 2009.
ICQ 10556 (ya), 254117
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