As long as no one is shooting at us…these are wars worth startingSo he is starting wars. You're so easy.
So why is Trump blaming Biden for the stock market? You're so silly.You do realize the S&P is only down around 3% year to date, right? If you think a 3% move up or down is catastrophic then you really lack any understanding of the markets and you really should not play. By the way that is on the back of a 25% return for 2024….Cry me a river…![]()
Because Trump likes to take credit for other people's work and blame others for his mistakes.So why is Trump blaming Biden for the stock market? You're so silly.
I do but maybe for different reasons than you think. This is an excerpt from my January 1 2025 letter to my clients….its why we were short the markets in the first quarter….Weak markets are the reckoning for Brandon’s reckless spending and government hiring…
“Just like 1981, we have a new Administration coming into power with a decidedly business oriented direction for economic growth. But just as trees do not grow the sky, this cycle cannot move along without recognition of the recessionary forces that we have been in for the last 2 years. (yes, even as markets moved higher) Again, I will preface that these comments are NOT to be interpreted as political, just a reading of the information the Public has been fed is important for CONTEXT. One of the underlying gripes that current Presidential race has backlighted is the disconnect between what the economic (government) statistics say and what the public perceives and feels about the economy. Democrats kept pointing to positive economic indicators (GDP Unemployment, Job creation and wages) as proof that the economy is growing but could never understand why the electorate did not agree. The headline numbers always looked so good but months latter, (when no one was paying attention anymore to last months numbers) they were quietly revised down with little fanfare or attention. Markets reacted to the initial numbers and chose to ignore most of the negative revisions that hinted at a truly weak economy. Any gains in these statistics were really driven by MASSIVE government spending and largesse and not private sector investment and hiring. It’s not hard to see why the statistics and people on the ground tell a very different story.
I think a reckoning of where the economy has really been is in the makings. That means near term volatility while the system digests the reality of our past recession.”
Unfortunately, that sort of protest will always be taken over by "radicals" who want to destroy, loot, etc because there are no consequences, especially for those that have nothing to lose. r/irvine and r/orangecounty have plenty of posts complaining about e-bikes, driving violations, locked up parts of CVS and Ralphs, homeless, gypsies, panhandling, sleeping rough, intersection takeovers, etc but that behavior is tolerated even if it is not legal/allowed by city rules. If you call the police dispatch line to report anything, many times the operator makes you feel like you are calling about an insignificant issue. There is a broad lack of will to enforce rules in Irvine and many parts of California. /rantThe crazy thing is that by waving Mexican flags and engaging in violent destruction, the protestors have validated Trump's arguments for why we need immigration enforcement.
It would have been so much more effective to have peaceful, solemn protestors with signs saying "I pick your fruit", "I clean your home", "I mow your lawn". They could have had young children and Catholic priests, and everybody singing patriotic songs. If ICE moved in for some apprehensions, the solemn protestors could have flooded the newscasts with tears and it would have turned the tide of public opinion.
Whoever organized this completely blew it.