And all right, there may be no hope to tame inflation. That is the subject of the riff. Stock market bulls continue to taught Federal Reserve Interest Rate cuts but latest fed minutes out today throw cold water on that. The stocks dont need extra juice from the fed. Consumer prices increases around 4. 5 annual rate over first third of the year. 20 over course of joe bidens presidency. Prices risen faster than wages during mr. Bidens term. You could addon personal borrowing costs. Like car loans, home mortgages, credit cards. All those are not counted in the cpi but they weigh heavily on families. Then there is never ending biden spending machine. And soaring deficits and debt that go with it. You are looking at two trillion dollar deficits as far as the eye can see. The root cause of those, is over spending. Which is running nearly a quarter of gdp, that is a peacetime record, cbo estimates that budget deficits will run close to 3 trillion dollars by 2034. Spending continues unabated f
And all right, there may be no hope to tame inflation. That is the subject of the riff. Stock market bulls continue to taught Federal Reserve Interest Rate cuts but latest fed minutes out today throw cold water on that. The stocks dont need extra juice from the fed. Consumer prices increases around 4. 5 annual rate over first third of the year. 20 over course of joe bidens presidency. Prices risen faster than wages during mr. Bidens term. You could addon personal borrowing costs. Like car loans, home mortgages, credit cards. All those are not counted in the cpi but they weigh heavily on families. Then there is never ending biden spending machine. And soaring deficits and debt that go with it. You are looking at two trillion dollar deficits as far as the eye can see. The root cause of those, is over spending. Which is running nearly a quarter of gdp, that is a peacetime record, cbo estimates that budget deficits will run close to 3 trillion dollars by 2034. Spending continues unabated f
Cryptocurrency donations for his campaign, how about that . There may be no hope to truly tame inflation. Thats a subject of the riff. Stock market bulls continue to tout Federal Reserve Interest Rate cuts but the latest fed minutes out day throw cold water on that proposition. By the way, stocks dont need any extra juice from the fed. The current rally is based on solid profits which are always the mothers milk of stocks and the lifeblood of the economy but consumers prices have increased 4 1 2 at an annual rate over the first third of the year and of course nearly 20 over the course of joe bidens entire presidency. Prices have risen faster than wages during mr. Bidens term as typical working families find it difficult to live in the biden economy. You could add on personal borrowing costs like car loans, home mortgages, credit cards, all those are not even counted in the cpi but they weigh heavily on families nonetheless. Then there is the never ending biden spending machine and the
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