Bidenomics
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I listened to a presentation last week by a Goldman Sachs analyst about Trump, Trade and Tariffs. One point made that really stood out was that Trump has repeatedly shown in past that he is very sensitive to how the market reacts to any of his policies. When the markets react like bears he tends to adjust his policies and statements to turn the markets into bulls.
Jon, your take on that?
Elbows up!
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I listened to a presentation last week by a Goldman Sachs analyst about Trump, Trade and Tariffs. One point made that really stood out was that Trump has repeatedly shown in past that he is very sensitive to how the market reacts to any of his policies. When the markets react like bears he tends to adjust his policies and statements to turn the markets into bulls.
Jon, your take on that?
@Renauda said in Bidenomics:
I listened to a presentation last week by a Goldman Sachs analyst about Trump, Trade and Tariffs. One point made that really stood out was that Trump has repeatedly shown in past that he is very sensitive to how the market reacts to any of his policies. When the markets react like bears he tends to adjust his policies and statements to turn the markets into bulls.
Jon, your take on that?
I would agree with that. He plays to the crowd, thinks of the stock market as his score card (though he’s likely to get to know the bond markets this term), and isnt embarrassed to do a volte face.
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That's a bold arrow. For that graphic artist to be claiming that those numbers are going up. Stunning and brave.
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@jon-nyc said in Bidenomics:
I hope Trump doesn’t fuck this up but it’s not looking good.
I'm no economist. What are the implications of this. Does this mean people are being paid more (of course) but doesn't that also mean it's expensive as shit to build anything here? Or is this all sunshine and roses if you live in the US of A?
