U.S. President Joe Biden s Inflation Reduction Act , cheered by some Democrats and the White House as a milestone in the fight against climate change, has also rankled foreign allies and global. | May 18, 2023
with that question. late wednesday the governor issued a statement responding to the revelations. i am outraged and deeply saddened. not only was i mislead by a member of staff, but the conduct was made without my knowledge. the question now is whether any state or federal laws were broken. those that are responsible for this act, they can no longer be in positions of power in government. but now residents of new jersey are ankled by the scandal. i think the story is beyond belief. you don t hold people hostage for whatever political reason. the other headache for governor christie is that he did not apparently know what was going on in his own office. while he says he was mislead by a member of the staff, others may have had knowledge of what was going on. the governor has promised
of volatility since chairman bernanke did mention tapering back in may, which is where we had our highs. which means i will stop giving you this free market. meaning we have seen the most volatility all year. sideways to lower, the last two days significantly lower. there is probably some work to do on the downside in the near term. this is something that s needed. a pullback is needed. we need to get back to more compelling evaluations in the index stocks generally speaking. so it s not as if this is completely destructive. it s a question of a longer period of trend. it s pruning. that s a great example. when you look at five years ago when this whole, they call it quantitative ease, basically, this free money he has been throwing into the economy to start it. every time he said maybe i m going to stop, stocks tankled. you see qe 1, that s the first bout of money, ben bernanke was going to stop t. second time
there is probably some work to do on the downside in the near term. this is something that s needed. a pullback is needed. we need to get back to more compelling evaluations in the index stocks generally speaking. so it s not as if this is completely destructive. it s a question of a longer period of trend. it s pruning. that s a great example. when you look at five years ago when this whole, they call it quantitative ease, basically, this free money he has been throwing into the economy to start it. every time he said maybe i m going to stop, stocks tankled. you see qe 1, that s the first bout of money, ben bernanke was going to stop t. second time around they fell 18%. so in a sense we have been through this before. this time it could be different because every other time he gave in when the markets started plunging and give people more money. this time he might say, hey, forget it. right. at this time there the a different narrative. the economic data he has used as a way of