The more the Fed bungles inflation, the more we need Trump tax cuts, and that’s the subject of the riff.
You know what’s bothering the stock market? The Federal Reserve has no monetary compass, and there is still confusion about whether the Trump tax cuts will be delayed.
There is no growth strategy right now in the political system and there is no King Dollar end to Bidenflation in the monetary system, so no wonder stocks are falling day after day.
The Dow plunged over 1,100 points today — the 10th straight daily decline, which is the largest drop since 1974. Like I said, nothing good happened in America in 1974.
In the last days of the 118th Congress, Democrats are still pushing for massive spending boondoggles and slush funds — and Republicans haven’t yet figured out their tax and border reconciliation strategy for next year when they take over.