Why The Public Does Not Love Bidenonmics
Estimated Reading Time: 4 minutes The Biden Administration is frustrated. After dumping fiscal stimulus that exceeds both the New Deal and the Great Society into the economy, he gets strikingly little political payback for such lavish handouts. The economy has been growing at a decent rate, unemployment appears rather low, and the stock market has […]
Mild Correction In Stocks Amidst Growing Background Problems In Bidenonmics
We have suggested since late December that equities would start having some difficulty as we were seeing disturbing signs in the credit markets, commercial real estate, and housing markets. The stock market, however, did not seem as worried as we were and went on to have a stellar quarter. Corporate earnings remain decent and liquidity […]