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The Biden stock market has exploded since the election past anything imaginable during the Trump slowdown...
Brick and mortar stocks and cyclicals betting ahead on the market Under Biden's explosive new economy... farmers won't rely on government welfare ($28bil per year in Trump bailouts) soybeans and corn looking to Quadruple exports.
Trump's 13% unemployment rate and economic slowdown behind...
Stock looking to double in the next six month... 35 million new jobs in the next twelve months.
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No. of Recommendations: 14
The Biden stock market has exploded since the election past anything imaginable during the Trump slowdown...
Brick and mortar stocks and cyclicals betting ahead on the market Under Biden's explosive new economy... farmers won't rely on government welfare ($28bil per year in Trump bailouts) soybeans and corn looking to Quadruple exports.
Trump's 13% unemployment rate and economic slowdown behind...
Stock looking to double in the next six month... 35 million new jobs in the next twelve months. - Tucson


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So what you are acknowledging is the Chinese flu will be brought under control thanks to the vaccine developed in record time under Trump's Operation Warp Speed. Thank you Donald Trump.
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https://www.thebalance.com/current-u-s-unemployment-rate-sta...

" The current U.S. unemployment rate is 6.7% for December 2020, the Bureau of Labor Statistics (BLS) said in its monthly report on Friday. The rate is close to double the 3.5% rate in February, before the COVID-19 pandemic. This unemployment rate is unchanged from November.1?????2?????

Unemployment is one of the most critical economic issues facing the country as it balances re-opening with safety months into the pandemic. In April, after governments shut down the economy, the unemployment rate reached 14.7%, the highest since the Great Depression.3????? Since then, it gradually improved as businesses have attempted to reopen safely, but the increase in COVID-19 cases in November and December has led to renewed measures to control the virus, including closing businesses. "
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. In April, after governments shut down the economy, the unemployment rate reached 14.7%, the highest since the Great Depression.3????? Since then, it gradually improved as businesses have attempted to reopen safely


U6 the total unemployment number (Which counts all the millions of people collecting expanded unemployment for months and months and months, marginalized by Covid-19) which conservatives have always used during Democrat administrations is 14.6%
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The Biden stock market has exploded since the election...

What "Biden stock market" is that? What economic policy changes has translated into economic confidence leading to higher stock prices?

What is transpiring now is called 'momentum investing', where the markets are uncertain but accept recent gains as continuing until a sufficient volume of selling triggers a stampede to the exits. IOW a weak continuation with little or no fundamental support.

But if you think this 'Biden Stock Market' is sustainable, then it sounds like you should be 100% in high-tech equities.

BruceM
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"But if you think this 'Biden Stock Market' is sustainable, then it sounds like you should be 100% in high-tech equities.

BruceM "

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Based upon past performance, folks who want to benefit from the "father of Hunter's
economy" should be invested 100% in Chinese equities.

As long as the party leadership approves and gets their fair share from said equities.
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What is the Biden Stock Market?

The promise of stability.

Nothing fundamentally has changed (as yet) except the guy in charge. Instead of relying on the digestion of last nights BigMac, we now has some prospect of thought behind decisions. Markets like that

Plus we have the idea of injecting $2 Trillion into the lower end of the economy, that lets those who risk to take a cut, rather than just skimming it off the top.

Stability and change are not mutually exclusive, as long as the change is reasonably predictable

... and we may get an infrastructure plan, a health care plan and open markets. It is for these reasons that rhat post war market performance is 150% better under democrats. I see no reason why that should not continue under Biden.

Possibly a bubble here and there. Keep some powder dry
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What is the Biden Stock Market?

With the Fed printing presses cranking out another couple trillion dollars, it won't be long before a hamburger cost $20.
Stock will go up because it will take more dollars to represent the same value.
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Plus we have the idea of injecting $2 Trillion into the lower end of the economy,

However warrented we may feel they are, gifts to the lower end of the economy does little to stimulate but does create a sense of entitlement. Yes some households require financial assistance, but this is best done through the careful safe opening of small business instead of the much easier masking and business closing mandates of most Blue state governments.

It is for these reasons that post war market performance is 150% better under democrats.

This, like the TCJA benefited only the wealthy, is a myth my friends on the left just love to repeat...over and over.

It usually takes 2 years or perhaps 3 to see the economic impact of an Administration's economic policies, usually related to tax and spending programs. Creating welfare programs creates dependency and reduces the incentive to work, sacrifice and compete. Kinda the equivalent of guaranteeing a trophy to every team member regardless of the individual and team's actual performance and won/loss record. Democrats don't know how NOT to do this.

Democrat Administration's benefit from the economic policies of the previous Administration...not their own, which is usually passed forward for future Administration's to deal with. A quick look at the financial health of Democrat dominated large US cities shows this.

The Biden Administration will benefit mightily from Trump's focus on opportunity zones, low comparative corporate tax rates, the 199A pass thru deduction for small business, accelerated depreciation schedules for small business, and the mandate to reduce excess overlapping Federal regulations along with the confidence improvement from a secure border. But the large deficit spending of Biden's congress will continue to expose the US economy to the potentially devistating effect of crushing interest expense as a % of the Federal budget should interest rates rise in response to rising inflation.

BruceM
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However warrented we may feel they are, gifts to the lower end of the economy does little to stimulate but does create a sense of entitlement. Yes some households require financial assistance, but this is best done through the careful safe opening of small business instead of the much easier masking and business closing mandates of most Blue state governments.

How people feel is really irrelevant, weather it is a sense of entitlement or acute despair.
Money injected at the lower end of the economy is fully circulated and benefits all. Small businesses are are essential but is no one is spending they may as well close. Cutting corporate tax rates had little impact on the economy apart from a small surge right after. The touted gains to GDP 4% plus never happened and it actually dropped below 3% just prior to covid
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Democrat Administration's benefit from the economic policies of the previous Administration.

And vise versa
But the numbers are there no matter how you choose to ignore them. Post war stock markets do better under democratic administrations. Saying that the is a delay factor in the realization of benefit is reasonable, but it works both ways. The first two years of Trump were due to Obama? I think 6 months is reasonable, in which case democratic administrations still do better

One factor in this is the economic mess that certain republican administrations have left behind. Think Bush Deux. The only way out was up
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But the large deficit spending of Biden's congress will continue to expose the US economy to the potentially devistating effect of crushing interest expense as a % of the Federal budget should interest rates rise in response to rising inflation.


This is valid but it did not seem to be a concern for the Trump administration. Deficits soared under Obama and then went full exponential under Trump. The sentiment has been bad, silence, bad
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In truth,Trump maxed out the countries Visa card.Biden will do the same, but also throw his Master card,American Express card & Diners card on the table too.

He'll be long dead before the economy crashes down on the next generation.
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He'll be long dead before the economy crashes down on the next generation.

Ya, i look at the younger generations and pity them. They know not what they voted for.
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Ya, i look at the younger generations and pity them. They know not what they voted for.

I'm sure every older generation has said this about the young generation just getting started in life. But I've got to agree, the outlook here is just not very good. And it's not just student debt (that we never had), but the whole attitude of the role of government underwriting of program after program and the refocus of diversity, inclusion, no fossil fuels and ESG investing....all of which sound so good on the surface but the end result will be lower long term savings and increased poverty.

Yuk

I wonder what it would look like if we could project on a large screen what the future will look like in the year 2100? Hate sounding so pessimistic, but I don't think we'd recognize it and I'm certain we wouldn't like it.

Glad I won't be here to have to live thru it

BruceM
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"I wonder what it would look like if we could project on a large screen what the future will look like in the year 2100? "

No one has a clue.

In 1900, a quarter of the population was on farms and the 'rural economy'.

It took five to seven days to sail across the ocean.

The airplane hadn't been invented, and only 1/3rd of US homes had electricity.

There was no air conditioning....and horseless carriages were for the VERY rich.

The first subways were going in in NYC to replace the horse driven and STEAM driven elevated railroads in Manhattan.

There were 'trolley systems' in many cities along 'main routes'.

Tens of millions of folks heated their homes with COAL. Tens more with wood stoves. Many businesses burned coal in steam boilers to run machinery. Restaurants cooked with coal.

People without electricity either used candles or kerosene lamps.

Most people had an 'ice box' and many had 'root cellars'. Many canned their own food. There was no fresh fruit in winter, and you had 'seasonal veggies' and fruits.

The average person traveled not far from home.

Telegrams were very expensive and most got one or two in their lives.

The telephone was used by business, and in cities you could get home telephone service. It took longer to reach the 'suburbs' (not many back then). In addition, in some cities, you had five or seven DIFFERENT telephone providers and often they did not interoperate. Operator please! Long distance - well, it wasn't in 1900.

No antibiotics, anti-cancer, vaccines other than smallpox, etc. People died all the time from tuberculosis.....and simple infections. No MRI, CAT scans, tooth implants, etc.

Broadcast radio had not been invented yet - 1922.

Of course, TV not invented yet - first shown 1939 but first mass purchase of black and white TVs after WW2. Color TV? 1960s. HDTV....1990s. VCR? 1970s. DVD - 1980s.

Home computer - 1970s.

cellular - 1980s. iPhone - 1990s.

and on and on.
- -- - --

Assuming no giant meteor impacts, super volcanoes going off, the pace of invention will increase exponentially.

You might live, if born in 2000, to 150 years old. or longer. You'll have smart appliances. Food on demand. Infinite entertainment. Robot helpers everywhere.

But I really haven't a clue.

Just imagine asking someone in 1900 what 2000 would look like.

Even the wildest projections of the 1920s by Hugo Gernsback - mostly took place within 30 years.....

https://www.nutsvolts.com/magazine/article/the_man_who_inven...


t.
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I wonder what it would look like if we could project on a large screen what the future will look like in the year 2100?

worth a look to think you can forecast the future more than 30 years out.....

https://www.smithsonianmag.com/history/predictions-from-the-...

t
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2100? Naah. Just gimme 5 solid years.

RayB
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Just imagine asking someone in 1900 what 2000 would look like.

The examples you give are technological advances, not socio-economic. What will our social structure look like if our fundamental constitutional rights are gradually erroded away? This should concern us far more than technological change.

BruceM
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