When there was positive economic data under Biden, the New York Times told us to worry, with headlines like: “Why a Strong U.S. Economy Is Making Stock Investors Jittery” and “Inflation Has Been Easing Fast, but Wild Cards Lie Ahead” But when there is worrisome data under Trump, NYT reassures us:

Economic Data Has Taken a Dark Turn. That Doesn’t Mean a Crash Is Near.
Inflation is up and job creation down, but the U.S. economy could still pull through without too much pain.
127

The market has been skewed by right wing politics for decades. Gotta have those tax cuts & deregulation. But the crash will still crash and no one in the market will blink or own their part of it. Just like last time, or the time before that.

Replies

No replies yet