General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAre we watching the largest "pump and dump" ever by GOP/Wall Street?
All I see is a basket of hopes and dreams for the top 1% repeal of regulations.
C_U_L8R
(44,892 posts)You might get whiplash
BainsBane
(53,001 posts)Is what I've been told.
IADEMO2004
(5,538 posts)allow spending increase for bullets and bibles.
BainsBane
(53,001 posts)BainsBane
(53,001 posts)I asked a financial adviser about the deficit issue, and he said that wouldn't be a problem for a couple of years.
unblock
(51,974 posts)in truth, our deficit should have been a lot bigger early on in the financial crisis, we likely would have emerged faster with a much bigger stimulus than obama proposed, never mind the even smaller one republicans agreed to.
inflation won't likely be a problem for quite some time because the fed has plenty of room to raise interest rates.
i still think a recession during donnie's term is vastly more likely than inflation.
Hayabusa
(2,135 posts)nt
And a lot of people are going to lose a lot of money. Trillions of dollars!
Johonny
(20,683 posts)And Trump and the GOP congress are in the middle of the slowest 100 days roll out we've every seen. Meaning Corporate America hasn't yet experienced the massive rule changes promised by Trump and feared by...well just about everyone. The 1st Qrt is 2/3 of the way done and earning are likely going to be good. Also baked into the price is the expected tax cuts etc...but people buy rumors sell facts. Eventually the market will have a 5-10% sell off, but until the GOP actually get around to their massive legislative packages, the market is likely to remain positive. We're still in Obama's economic environment for the most part.
BainsBane
(53,001 posts)considering the GOP control everything and Trump ran on them.