Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imo we are 90 days or less out. Stocks have too much competition from Treasurys. Job numbers and inflation will keep the Fed chasing their tail. Let me guess everyone is going to ride it out? S&P has returned 0% in past 24 months. A 10% drop we are back to 2020 levels.
If it's going to crash, then it's going to be because the Republicans allow the U.S. to default on the debt limit.
Why would they want US to default? I’d me more worried about escalating tensions with Russia and China.
Because they've committed to debt ceiling brinksmanship from the extremist end of their party (just look at what happened with the Speaker vote), even though it's debt that has already been incurred as a result of previous spending decisions made over many, many years. If the economy tanks (which is highly likely), then they'll try to blame the current administration for it. Read up on the two Santas theory.
I don’t quite understand the politics of it but your view seems pretty biased. Republicans are considering a way that ensures US debt obligations and things like social security and Medicare are paid. Not sure what doesn’t get paid in their plan but it is hard to argue that US debt is unsustainable and something needs to be done about it.
Anonymous wrote:Anonymous wrote:Anonymous wrote:A crappy stock market is going to usher in a second Trump term. He's going to blame Biden and exploit this for all it's worth.
That’s the other reason the House Republicans want to crash the economy.
Trump has no chance against a democratic candidate who is less than 100 years old, stock market crash or not.
Anonymous wrote:Anonymous wrote:A crappy stock market is going to usher in a second Trump term. He's going to blame Biden and exploit this for all it's worth.
That’s the other reason the House Republicans want to crash the economy.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imo we are 90 days or less out. Stocks have too much competition from Treasurys. Job numbers and inflation will keep the Fed chasing their tail. Let me guess everyone is going to ride it out? S&P has returned 0% in past 24 months. A 10% drop we are back to 2020 levels.
If it's going to crash, then it's going to be because the Republicans allow the U.S. to default on the debt limit.
Why would they want US to default? I’d me more worried about escalating tensions with Russia and China.
Because they've committed to debt ceiling brinksmanship from the extremist end of their party (just look at what happened with the Speaker vote), even though it's debt that has already been incurred as a result of previous spending decisions made over many, many years. If the economy tanks (which is highly likely), then they'll try to blame the current administration for it. Read up on the two Santas theory.
I don’t quite understand the politics of it but your view seems pretty biased. Republicans are considering a way that ensures US debt obligations and things like social security and Medicare are paid. Not sure what doesn’t get paid in their plan but it is hard to argue that US debt is unsustainable and something needs to be done about it.
Anonymous wrote:A crappy stock market is going to usher in a second Trump term. He's going to blame Biden and exploit this for all it's worth.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imo we are 90 days or less out. Stocks have too much competition from Treasurys. Job numbers and inflation will keep the Fed chasing their tail. Let me guess everyone is going to ride it out? S&P has returned 0% in past 24 months. A 10% drop we are back to 2020 levels.
If it's going to crash, then it's going to be because the Republicans allow the U.S. to default on the debt limit.
Why would they want US to default? I’d me more worried about escalating tensions with Russia and China.
Because they've committed to debt ceiling brinksmanship from the extremist end of their party (just look at what happened with the Speaker vote), even though it's debt that has already been incurred as a result of previous spending decisions made over many, many years. If the economy tanks (which is highly likely), then they'll try to blame the current administration for it. Read up on the two Santas theory.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Imo we are 90 days or less out. Stocks have too much competition from Treasurys. Job numbers and inflation will keep the Fed chasing their tail. Let me guess everyone is going to ride it out? S&P has returned 0% in past 24 months. A 10% drop we are back to 2020 levels.
If it's going to crash, then it's going to be because the Republicans allow the U.S. to default on the debt limit.
Why would they want US to default? I’d me more worried about escalating tensions with Russia and China.
Anonymous wrote:Anonymous wrote:Imo we are 90 days or less out. Stocks have too much competition from Treasurys. Job numbers and inflation will keep the Fed chasing their tail. Let me guess everyone is going to ride it out? S&P has returned 0% in past 24 months. A 10% drop we are back to 2020 levels.
If it's going to crash, then it's going to be because the Republicans allow the U.S. to default on the debt limit.
Anonymous wrote:Anonymous wrote:Imo we are 90 days or less out. Stocks have too much competition from Treasurys. Job numbers and inflation will keep the Fed chasing their tail. Let me guess everyone is going to ride it out? S&P has returned 0% in past 24 months. A 10% drop we are back to 2020 levels.
If it's going to crash, then it's going to be because the Republicans allow the U.S. to default on the debt limit.
Anonymous wrote:Imo we are 90 days or less out. Stocks have too much competition from Treasurys. Job numbers and inflation will keep the Fed chasing their tail. Let me guess everyone is going to ride it out? S&P has returned 0% in past 24 months. A 10% drop we are back to 2020 levels.
Anonymous wrote:Imo we are 90 days or less out. Stocks have too much competition from Treasurys. Job numbers and inflation will keep the Fed chasing their tail. Let me guess everyone is going to ride it out? S&P has returned 0% in past 24 months. A 10% drop we are back to 2020 levels.