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Y'all were apoplectic when credit card delinquencies were high post COVID under Biden....well...
https://bsky.app/profile/barchart.com/post/3lxqbbrhyvs2g |
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If you're 60, 69.1% of all job growth since your birth occurred under Democratic administrations.
If you're 45, that number is 74.7%. If you're under 28, the number is 100%. Happy Labor Day. |
People don’t want facts! Let them suffer in their misinformation. |
+1 democrats have been better for the economy and federal budget for decades. |
| Are we taking bets on when the Dow hits 50k? |
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Probably sooner than later because the DOW is a measure of some corporate profits, and an unregulated capitalist regime is great for corporate profits.
However, it isn't necessarily great for the economy or the people. |
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The UK's 30-Year Yield officially crosses above 5.70% for the first time since April 1998. Despite the Bank of England cutting rates FIVE times in 12 months, yields are soaring.
When you have higher rates with rate cuts, something is seriously wrong. The fed needs to be careful. |
| FED BEIGE BOOK: MOST DISTRICTS SEE LITTLE OR NO GROWTH |
| Trump is bringing back stagflation. |