if you re an investor. whether we can turn those things around in 2023, perhaps. you were asking the question earlier about whether we re headed to a recession. i still believe that we can skate around the recession in 2023. but here s the thing, gillian. the biggest problem for the u.s. economy right now is our out of control federal government. it s not a good sign for the year to come whether the congress just passed a reprehensible massive almost $2 trillion spending bill that we can t afford. so we have to get a harness, a choke collar on government to reduce its side so we can grow our private sector and our businesses. take a look at this from the new york times today. they write tech stocks, treasury bills, real estate, the great market sell-off of 2022 has been indiscriminate wiping trillions
Market sell-off following latest growth figures, major leadership reshuffle and impact of external negative factors have investors and businesspeople seeking policy direction.
implying. but analysts and investors are saying that he is citing it as a pretext and it s all about money. of course the broader market sell off, the shares that musk owns in tesla have declined in value. he needs the shares to finance the deal for twitter. it s possible he is trying to back away. or maybe he is trying to get a lower price for twitter. maybe he is trying to buy it closer to 30 billion than 40 billion. all of it is big questions left after the tweets on friday. he did follow-up and say he was committed to the acquisition, but analysts are skeptical that he will go through it and one knows for sure, that is elon musk. and biden dealing with a nationwide shortage of baby formula as parents plead for answers. the president pushed back on criticism that his administration was caught flat footed by the shortfall, a crisis that was building for
The BSE benchmark Sensex tanked over 1,000 points and the NSE Nifty cracked below the key 17,000-level, extending their losses to the fifth session in a row triggered by the Russia-Ukraine standoff.