Posted on 01/15/2020 8:19:02 AM PST by rightwingintelligentsia
Guest(s): Steve Hanke Professor of Applied Economics, Johns Hopkins University
President Donald Trump is not facing stiff competition for the presidential elections in November, and a low chance of a recession should further help his odds, this according to Steve Hanke, professor of applied economics at Johns Hopkins university.
“If you look at the challengers, there’s not much to write home about. They’re pretty pathetic,” Hanke told Kitco News. “The economy might not make Trump a shoe-in, but it’ll be in pretty good shape and he’ll be pretty tough to challenge.
(Video at link)
The economy is doing fine until it isn’t. If earnings don’t hit it out of the park we could see some chop. I am not feeling good about the Fed these days.
I am reminded of the dot com bubble when everything was on fire. Until it wasn’t.
Democrats are weak on the economy.
Especially these Democrats.
Caution is warranted.
If President Trump did have a strong challenger, you'd write a column about how divided the Republican Party is, wouldn't you?
If anybody is pathetic it's you and your demonicRAT candidates.
Yikes. If this guy is the professor of applied economics at Johns Hopkins University, imagine how stupid the professor of unapplied economics must be.
“I am reminded of the dot com bubble when everything was on fire. Until it wasn’t.”
The dotcom was a propped up illusion. This economy is real and tangible. There has been so much REAL money taken off the sidelines and put into play in the US and abroad once investors and business owners knew we had a President that was pro business. You are talking apples and oranges in my humble opinion....
Explains why economics is considered a joke degree and AOC.
We shall see. The Fed is dumping so much liquidity into the market, it could give me a hair trigger on turns.
The 401(k) is sitting there. My personal investments tend to be be in DRIPs...so I have little “market” exposure.
This is all “feelings” of deja vu.
Everybody that has unlimited wealth and power over the economy are going to throw the kitchen sink to crush the economy this summer to stop Trump. If the economy survives this all out assault this summer, then it should be good for a few years
Yep I understand...I’m hoping this trade agreement signed today with China gives more confidence across all industries so we see minimal to no hiccups and the Fed stays out of the way.
I’m in the employment business and companies are full steam ahead. Plant expansions and Hiring is exactly what the President says it is.
All the best!
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