Recession Forecasting: Indicators Actually Help Your Portfolio (Part 3) (NYSEARCA:SPY) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
democratic nomination in 2020, that the best vehicle to achieve those policies was joe biden. i think one of the underappreciated stories about joe biden as president, and i shake my head every time i see the liberal doomer s out there, he s put large parts of these policies into place. whether it s two big rounds of stimulus after covid, the biggest environmental bills that anyone s ever seen, even though it was dressed up as the inflation reduction act. like, huge victory for aoc and all the people pushing for a green new deal. i think it s an interesting story. but the biggest differentiator, i, think for joe biden, in my book, it s book ended by beginning with the financial crisis of 2008 and the backlash that that caused. if you flash forward to the covid crash, we have recovered much quicker from that. took two years to get all of the jobs lost after covid, it
atmospherics or also a different side of folks in this ear? a great question. look, i think what it really was, that joe biden was in the white house with barack obama s vice president fter the financial creche gave rise to his populist. drove it lack of a satisfying recovery for middle class. years of austerity. job loss, took years to recover. biden, to his credit, recognized coming into office after the covid crash he needed to do something differently. these populist ideas esherbal willy the economic ones presented him an opportunity to respond to a big financial crash in a different way. you don t have to look further than the unemployment numbers which are historic lows. stock market historic high. economically things are all pointing in the right direction. that s what you really want if you re an incumbent president running for re-election. not reflected necessarily in
The gold price was little changed Thursday in London, holding in the middle of this week s $30 trading range as December s US inflation data proved a damp squib like yesterday s SEC approval of Bitcoin ETFs
of course biden was in the white house with barack obama then. so when he was elected in 2020, he happened to land in the middle of another big financial crash, the covid crash, and instituted a much more robust middle class focused response effort that really owed a lot to these lee characters and the rise of that brand of populist economic policy. and interesting to that point you write about in the fact it wasn t warren that put him over the finish line. it took a nonthreatening democrat to bring the populist agenda into being. can he still claim to being a moderate? i think he can. he doesn t code as a president radical. i think one of the things that stopped warren and sanders were too many people were scared of the idea that they are too far left, they are too radical. but biden is the furthest thing from a radical. he was able to take up a lot of policies and get them impl