Right? How about those CDs at 2.5%? Nothing says securing your future better than loaning what crumbs you have left to the robber barons down at Wells Fargo. Hey, no worries, it’s all insured. Until it isn’t because the Federal government is too broke to pay for it.
Hong Kong leader Carrie Lam announced the withdrawal of the extradition bill that has sparked the nearly three-month old protests, a move that triggered gains for stocks across the globe.
The bill would have allowed Hong Kong residents to be sent to mainland China for trials. It sparked massive protests that have become increasingly violent and caused the airport to shut down earlier this month.
This may not help the catcalls for recession…we shall see…
while the market may rally big today due to this it will have no effect on recession predictions.
things liek this will have more of an effcet on any potential recession
Being coddled by the CEC - They tell the Loyalists that the economy is strong, like bull. The CEC tells them that Trump’s tariffs will be good for the US, and that liberals are evil that are rooting for a recession. The CEC tells them that the Dow Jones is a true mark of how well the economy is doing. The CEC spouts how low unemployment numbers are.
They got their stuff straight enough to oust incumbents house members in Iowa, Michigan and pennsy.
Also in Arizona, they won an open seat in the senate in 2018 along with house members.
Methinks you are underestimating the Democrats resolve in ousting the President in tossup states.
People aren’t “catcalling” for recession. Discussing recession indicators is not hoping and praying for a recession. Why is this so hard for some people to get?
I disagree Allan. Right before the 2018 midterms the GOP was still trying to repeal preexisting condition coverage and working to remove young adults from their parent health insurance. Voting in the House virtually up to the last minute. The Democrats ran on this issue, which was front and center in voters minds. That same thing will not happen again in 2020.
I’d be very cautious in assuming the Democrats can out battle the Republicans. Politics is war, and the GOP will fight dirty. Doubly so with Trump leading the charge. The Democrats are busy promoting plenty of things the general populace doesn’t care about or want. Trying to be too high brow when they need guerrilla warfare.