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Reply to "How long till the economy collapses?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Is today the beginning? Stocks are cratering.[/quote] It’s predominantly because of Walmart. I think the stock market will be volatile but ok for a bit. Wall Street is betting on Trump making things better. It’s going to take it a bit to realize he may break things in a not-easily-reversible fashion before he does them any favors. At the same time, the broader economy is showing signs of weakness and Walmart issuing a weak forecast reflects that. I read a month ago that Wall Street was predicting a favorable earnings season and I am not sure it’s going to turn out that way. [/quote] The key here is will he be able to reverse it? I think not likely. How is he going to get Americans, Canadians, Europeans to trust him and Vance after this? It will be restored when they’re gone, but is Congress going to be willing to push them out? [/quote]
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