They do.
But they have nowhere else to go.
Well they’d better pull their collective heads out this government under this president has done more damage to the American experiment in 18 months than anyone could have imagined possible.
Got it, I was just curious as an important distinction of a good wealth manager is to understand the why behind what is happening in the market and to be able to relay that to their clients. Ultimately it’s what shapes strategy, ranting about Biden has very little to do with the current economic environment. So good to hear that was your opinion.
If I had to add anything this economic slowdown is by design the Fed is literally slowing down the economy via demand side in order to combat inflation. Through the increased cost of money.
The thing I really don’t understand is that Libs LOVE everything Europe. They want us to emulate Europe, especially their beloved socialist Utopia Norway. But, according to TJ, Europe has fared worse than we have. Inflation is worse, gas prices are worse…. So if this is true ( and we all know it isn’t), if their economies fared worse under the pandemic and they are dealing with even higher inflation and gas prices, then why in the hell do Libs keep trying to turn us into Europe??
BECAUSE THEY HATE AMERICA!!!
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Like what? That would generally be political suicide.
No, not at all.
No more mean tweets but plenty of smart ass comments from this WH.
Along with disasterous policies.
It’s now trashing “American democracy” to criticize Supreme Court decisions and the Senate filibuster? Haven’t conservatives criticized other Supreme Court decisions? Is it trashing American democracy when conservatives criticized the original Roe v Wade decision?
And did Breitbart forget the right wing meme that we aren’t a democracy?
Are they blaming Trump? My understanding is that the economic woes we are having are mostly related to supply and demand being out of whack due to the economic slow down that happened during the height of the Covid pandemic. And on top of that Putin’s war is making things worse.
Not true.
I don’t know if crash is the proper term… when hyperinflated, balloons pop, break, burst, explode etc…
a safety belt engaged in November may not prevent the whiplash of said crash
but the planet will be safe in the new utopia…
yes of course that’s your understanding. that’s what you are being fed
truth is, Biden’s president. this hangs around his neck
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And thus Trump caused the Covid outbreak in the US. I don’t think he did… but if we’re using your system of applying blame he must have.
For the most part yes, here it is from the Fed chair himself.
“We’re strongly committed to using our tools to get inflation to come down. The way to do that is to slow down growth, ideally keeping it positive,” he said. “Is there a risk that would go too far? Certainly, there’s a risk. I wouldn’t agree that it’s the biggest risk to the economy. The bigger mistake to make … would be to fail to restore price stability.”
Problem is they can only impact inflation on one side of the equation which is demand side, supply side inflationary pressures are largely out of the control of the feds and exacerbated by global issues.
My prediction is that the Fed will bring down inflation to a point but won’t get near their target of 2% and have to accept elevated levels between 5-6% as they can’t raise rates beyond the terminal rate due to the amount of debt in the system that needs to be serviced.
Which is why you won’t see the Fed fund rate risen to 20% like it was in the 80’s currently it sits at 1.75% with the market expecting it to rise to 3.5% into next year.
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maybe you’re not up to speed on current events, but trump’s not president. biden is. he sucks. everything’s a mess and it’s all his and his administration of wokey idiot’s fault
own it
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Maybe you’re not up to recent history, but Trump was the previous President and many of your tribe hope he’ll be the next one, so yea, he’s fair game when illustrating right-wing hypocrisy. If you’re going to play the caveman like correlation always equals causation game then you have to apply it to all presidents, not just the ones you don’t’ like.
own it
I prefer to actually blame the causes.
Interesting, truly thoughtful analysis. Was that your conclusion when the economy crashed under Trump? Of course not. Always someone else’s problem inside the modern day GOP, a willful detachment from all things reality in order to avoid any semblance of taking responsibility.
Aside from the recent disastrous SCOTUS rulings taking our country backwards 50 years, I guess what frightens me the most about the modern day Republican is exactly this… an overwhelming propensity to avoid all the readily available information that actually sheds light on nearly any given issue if it doesn’t suit their partisan agenda. This very topic couldn’t be a better demonstration. The entire globe is suffering economic contraction and bordering on recession, irrespective of where the governing body sits on the political spectrum. If you listen to the modern day Trumplican, it’s all Biden’s fault. According to them, it has nothing to do with issues in the supply chain, caused by Covid and exacerbated by the war in Ukraine. No, the narcissism of the GOP espouses that this is all Biden’s doing, and the guy who apparently is far to incompetent to lead in any meaningful manner has somehow figured out a way to crash the entire globe.
Take a look at the graphs on this page that show adjusted projections for GDP growth and inflation.
https://www.oecd.org/economic-outlook/
“What you are being fed”? FFS, get a grasp on reality…
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Unfortunately this is what happens when you get all yours news from editorials.
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Truth. You’re being incredibly by kind by not wrapping ‘news’ in double quotes 
trump’s not president
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Well in fairness its not completely their fault. When you listen to right-wing sources that constantly tell you day in and day out that the mainstream media is super biased and lies, then it creates this idea in their heads that editorials are “news”, and then its simply down the rabbit hole for them of choosing only to listen to the “news” that matches their expectations of the left and the MSM.
