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FBC WSJ At Large With Gerry Baker July 13, 2024

First appearance on any ballot had an absolutely dismal performance despite spending hundreds of millions of dollars on his own money on campaign ads. He dropped out the next day and backed biden. Another poor super tuesday performance with Elizabeth Warren she quit on thursday. Big reason for clarity in the race was a decision earlier by two moderate to left candidates mayor Pete Buttigieg and senator Amy Klobuchar to end their campaigns before super tuesday and like bloomberg, through their support behind biden. Former Vice President got orourke of texas. Now many see this as rising concern among establishment democrats, the insiders, socalled insiders for the nomination of sanders to be a crushing defeat. Absolutely dire consequences for down ballot
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FBC WSJ At Large With Gerry Baker July 14, 2024

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round of higher u. S. Tariffs is due to go into effect, although this week President Trump did say that the two sides were till talking, raising some hopes in Financial Markets that perhaps tariff increases by both sides might be averted. Now, this trade battle continues to keep businesses ....

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FBC WSJ At Large With Gerry Baker July 14, 2024

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round of higher u. S. Tariffs is due to go into effect, although this week President Trump did say that the two sides were till talking, raising some hopes in Financial Markets that perhaps tariff increases by both sides might be averted. Now, this trade battle continues to keep businesses ....

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FBC WSJ At Large With Gerry Baker July 14, 2024

Color for criticizing the United States and being what he called unamerican. He wrote in his nowinfamous tweet why dont they go back and help fix the totally broken and crimeinfested places from which they came . Well, of course, they came from parts of america. But immediately the president was attacked by democrats, the media and others as a racist. The targets representatives alexandria ocasiocortez, rashida tlaib, ilhan omar and Ayanna Pressley are all, of course, american citizens, and all but omar were born in the United States. So the president s assault was a particularly controversial one, evoking racist taunts against people of nonwhite ethnic backgrounds that have been made throughout history. Now, its the also true that the four nicknamed the squad have been vocal in their condemnation of america. And its no d ....

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FBC WSJ At Large With Gerry Baker July 14, 2024

Vacation. Its not only increase federal boring it also opens a door for billions more in domestic and military spending. Allowing the deficit to rise next year to almost 1. 4 trillion. As someone once said a trillion here and a trillion there, soon talking serious money. The timing is not coincidental to the plan pushes tough decisions on spinning an effective Government Shutdown well past the 2020 election. The plan also put on hold automatic budget cuts notice sequestration which will put in place and the obama years in an effort to keep government while Government Spending keeps going up the economy may be slowing. The Commerce Department reported on friday Gross Domestic Product was down to 2. 1 percent. A 2. 1 percent in the
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