Agree. One can see it however they wish but undeniably the Fed floated the 0bama regime with Trillions in support. Devoid of any motive (which may or may not be realistic) the fact is the Fed has to “reel in” the Trillions in extra money they used to keep 0bama from sinking like a rock. If they fail to the inflationary pressure of those Trillions will begin to be felt. So, realistically, the “Trump rally” wont actually begin until the Fed has essentially been “paid back” for the excesses during the 0bama era.
I am sure there are forces and effects of which I am ignorant but I doubt they can match the impact of Trillions of what is, realistically “debt” the Fed “loaned” (involuntarily) to the US to prevent a total collapse of the US during the 0bama regime. Not saying there wont be a Trump rally but the hole we are starting from is the deepest in history. The question is, “How fast can it be filled?” The next question is what can be done to prevent to Fed and the proglodytes from just digging a new one in 8 or 12 years?
Not saying there wont be a Trump rally but the hole we are starting from is the deepest in history.>>>>>>>>>>>>>>>>>
I expect that it will take an entire Trump first term
to begin to see daylight out of the Trillion Dollar hole and in his second term he will be able to protect America from ever having such deficits run again.
The question is what will the fed do next. Our kind lady is an Obama appointee, and if she raises interest rates precipitously, then she will be a candidate for The Apprentice.
I wonder who Trump will replace Janet Yellen with, and also wonder if she will be gentle during her remaining tenure.
I am sure there are forces and effects of which I am ignorant
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To the contrary, you are very perceptive. In my view, the “other forces” could be the repatriation of an estimated two trillions dollars that is sitting overseas to avoid high taxatio and a large amount of money that has been sitting on the sidelines which, according to one Fed estimate, is approximately $10 trillion.
More importantly, Obama’s departure will result in a wave of new optimism and economic activity.