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Pretty interesting that the market doesn't seem to care about the Impeachment nonsense. We would be down huge and a VIX well over 20(thats currently ~14) if the market were concerned.
Trump's economy is propped up by a unlimited credit card (national deficit). Someone said give me a unlimited credit card and I'll show you a good time too! That explains Trump's economy to a tee.
Pretty interesting that the market doesn't seem to care about the Impeachment nonsense. We would be down huge and a VIX well over 20(thats currently ~14) if the market were concerned.
Just more proof the whole thing is a sham.
Even the market knows it's all bullshyt and Trump isn't going anywhere.
And Obama's Wall Street run was built on 0 percent interest. There was no place else to invest. CDs were paying under 1 percent. You lost money by investing in them after taxes.
Most runs on Wall Street have a precipitating event that triggered the optimism.
And Obama's Wall Street run was built on 0 percent interest. There was no place else to invest. CDs were paying under 1 percent. You lost money by investing in them after taxes.
Most runs on Wall Street have a precipitating event that triggered the optimism.
Obama's was also right after an S&P 500 loss of 56.4 percent.
Trump's tax cuts benefit his corporate buddies who pay little to no taxes. After 2 Years, Trump Tax Cuts Have Failed To Deliver On GOP's Promises
Quote:
In fact, more than 60% of the tax savings went to people in the top 20% of the income ladder, according to the nonpartisan Tax Policy Center. The measure also slashed the corporate tax rate by 40%.
The federal deficit this year was $984 billion — an extraordinary figure at a time when the country is not mired in recession or widespread war.
The tax cut also failed to produce a permanent boost in economic growth, despite promises from Republican supporters. In fact, the economy grew 2.9% last year — exactly the same as in 2015.
The tax cut, along with increased government spending, did give a short-term lift to the economy and businesses temporarily boosted investment. But the rocket fuel burned off quickly. Business investment declined in the last two quarters.
An opinion piece from NPR....thanks for that neutral source.
My refund tripled last year and will be much larger again this year.
I'm not a billionaire or close friend of Trump.
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