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It's our current K shaped economy. The leg of the K going up is the rich getting richer. The leg of the K going down is the rest of America getting poorer. |
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To investors and financiers who rely on leverage, lowering interest rates is fantastic. But in order to do this without stoking inflation too much, you need a lot of job losses to weaken demand. My prediction by next fall’s midterms: 4.XX% mortgage for prime borrowers, negative job numbers every month, gas prices in the high $2s, skyrocketing electricity bills, solid stock market growth (keep intl exposure), gold up another 20-30% |
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Real wages have risen 0.3 percent in the first three quarters of the Trump presidency. They went up by 1.7% in the last year of the Biden administration.
https://www.bls.gov/news.release/wkyeng.t01.htm |
Same goes for the PPI report. I’m sure that is full of good news too. |
The numbers must be abysmal. They are trying to figure out a way to reinvent the numbers. Who can trust the numbers, regardless what they finally post. |
| grading on a steep curve, I see |
| both |
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EU economy: growing
China economy: growing US economy: tanking Trump is a winner.
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"Only 31% of U.S. adults now approve of how Trump is handling the economy, the poll from The Associated Press-NORC Center for Public Affairs Research finds."
https://apnorc.org/wp-content/uploads/2025/12/AP-NORC-December-2025-Topline-Trump.pdf |