Electing Trump instead of Biden is net bullish for real GDP and SPY long term because fewer regulatory constraints on aggregate supply. Shorter term there may be a panic sell off.
Obama is a clown, mixed his words up, shouldabeen.."don't over estimate Joe's ability, it's all over."
I have hinted at this since since early February... but I am now 100% sure. There won't be any rate cuts in 2024. Not sure what your friends do, but if they can make any money off of that, they can bank on it. "It was a beautiful late June evening, and after a night of drinking and singing songs around the campfire to the waft of a skillfully played acoustic guitar, the fire subsided and the campers all retired to their tents for a peaceful sleep, anticipating adventures the next day would surely bring. But as they slept a front was moving west across the mountains and a cool July breeze began to blow across their camp. Gently it increased as the night passed. The trees swayed and the leaves rustled, but the campers slept soundly. Outside their tents, embers that had gone dark hours before slowly grew amber as the breeze lifted them like fire-flies into the night air and onward to the parched forest below..." ~Exerpt from The Powellian
What does indices AND DJT selling off today say about the ex-con uhhh ex-prez whining last night's debate? After both being up bigly in pre-market.
That’s kinda inconsistent with history - Republican presidents are generally bearish for the market. Obviously, it can be correlation rather than causation, so take it with a grain of salt.
There is a notional on the US Debt and Debt/GDP which becomes exigent. Solve for x. 5.5% rates + tax cuts + printing + tariffs. Cutting school breakfast for poor kids isn't going to fill in the gaps. Supply-side failed miserably.
Country Debt to GDP Ratio (%) Japan 264% Venezuela 241% Sudan 186% Greece 173% Singapore 168% Eritrea 164% Lebanon 151% Italy 142% United States 129% Cape Verde 127% The US debt to GDP ratio is relatively low compared with Japan.
In Japan, a significant portion of their national debt is owned by domestic investors. The US on the other hand, has a substantial amount of debt held by foreign countries. The global political and economic implications of this may be of significance in the future.
both are incorrect. japan debts are held by domestic insurance companies, that’s true to only a certain extent. japanese banks and insurance companies are in turn lend the money and/or invest the funds overseas. us debts are held mainly by domestic as well, and invest the money inside the us.