Clearly Trump team narrative on equities has moved in last 72 hours from “our great stock market might gyrate but will be super awesome” to “it’s run by globalists so fuck them, expect lower returns”
Remember when the British Prime Minister Liz Truss came to power, immediately announced a bunch of crazy ideological policies which tanked the UK stock market, the deficit and global standing and so her party and the British public got rid of her before the damage became permanent?
Rich people that installed felon Trump love this. Remember the only people that were better off after the 2007,2009 great GOP recession were the wealth class.
All he has to do is belch out the words "Biden inflation" and that will be enough for his voters. They're too stupid to understand, or too cruel to care.
If Biden did this the Republicans would be going bat shit crazy right now. As would I, a progressive. They’re so fucking devoted to one man. It’s absolutely asinine.
The stock market isn't the economy - look at unemployment numbers, homelessness, underemployment (working poor), and cost of living. These are the true measures. Those are all in the tank too - just need to stop using the rich people index on what good (or bad) looks like.
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https://bsky.app/profile/thatsthefactjack.bsky.social/post/3lk25h6wdq22h
NASDAQ is off over 4%
Good thing no right wing people are invested in the market.
Remember that?
JFC