Posted on 12/12/2023 8:00:29 PM PST by ransomnote
Don’t look now, but the Dow Jones Industrial Average is at an all-time high.
It looks like the expected stock-market election gambit is upon us.
Remember what they rolled out in 2020? (Stopping the Trump economic miracle in its tracks.)
Based in part on political implications, 2024 is looking (to me) like an explosive up year in the market, with Fed Chair Powell giving an early Christmas present this week, indicating they are likely finished with the cycle of raising interest rates.
The Fed can light the rocket (if not already) by simply reducing the speed at which they divest the shaky securities they have taken on in recent years for various Wall Street bailouts.
The money power that controls the Fed and other central banks is also majority owner of the Uniparty. At their core, they are violently anti-MAGA.
By election day, Xiden will point to the stock market as evidence that Xidenomics works. Of course, Trump would have done the same thing if the Chinavirus Psyop had not derailed everything.
Bagster would be proud. Well done.
.
MarQ
***Re: Lenin statue
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
(snip) (from 1997)
Uznay, proprietor of Hanover Cheesecake, a wholesale bakery in Fremont (Seattle), has plans for Fremont’s statue of Lenin (the larger-than-life bronze figure, a relic from the Cold War, occupies a pie-shaped plot on North 35th Street).
“I’d like to see someone install a cash machine next to Lenin,” says Uznay. “So far, I have called four banks, but none is willing to consider it.”
(Part of the reluctance of the banks may stem from Uznay’s notion that the machine should be installed on Lenin’s backside.)
š·
The money power that controls the Fed and other central banks is also majority owner of the Uniparty. At their core, they are violently anti-MAGA.
By election day, Xiden will point to the stock market as evidence that Xidenomics works. Of course, Trump would have done the same thing if the Chinavirus Psyop had not derailed everything.
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exactly.
I see a lotta year end window dressing, too.
last week, I told some buddies that if S&P hits 4700 & unleaded < 1.99 = 4 more years of bidenomics
keep an eye on the metals & bitcoin for a more accurate accounting of where we are with inflation & the economy.
That is definitely some of the problem. Look at this list of 'pubbies that voted for the Defense 'authorized' spending bill and see the ones that voted for more FISA surveillance, taxpayer supported abortions, 'wokeness' in the military - on and on. Some names jump out: Boebert {ā}, Comer, Crenshaw {a true two-faced}, Tony Gonzales, Issa {Cal}, Johnson {Mike - Speaker} Louisiana, Luttrell {???}, Mace, Malliotakis, McCarthy {Kevin}, Scalise, Stefanik, Van Duyne, Zinke... plenty more, I just picked some of the better known 'conservatives'.
***We have the same problem in Canada***
Yes, you do. And that problem can be defined: Populism vs Deep State {globalists}.
***the last thing we should do is condemn the people (Gaetz) who demand that the frauds be removed***
When can I expect the GOP/Gaetz to produce results? Should I expect positive results before they come and haul me off to a Gulag? We already have political prisoners being inhumanely treated {Jan 06} with no trials, no defense, plead guilty or stay in the gulag for the rest of your life. Just when should I recognize the truth? As for Gaetz, he has been a loud voice for some time; his successes and questions raised about him are long and ambiguous. As you imply: when do we know? Gaetz damaged the name of the GOP at a time that was perilous and has bragged loudly how he got rid of McCarthy but not a word about his McCarthy clone...
Bagster would have loved that :)
While I get what you’re saying - looking at the charts indicates that when the Fed finally pivots and starts reducing interest rates is when the largest market down move occurs.
It’s counterintuitive until you understand that it’s normally a result of having kept rates high for too long resulting in loss of profit and jobs.
So normally the market has dropped at the first few increases to some degree and then rapidly descended when the fed finally wakes up that they’ve overextended.
The Govt numbers are all managed at this point. So I believe what people on the streets are telling me...multiple jobs to make ends meet, cutting back to bare necessities (there’s a song there), and knowing that the layoffs have only just started.
By election day, Xiden will point to the stock market as evidence that Xidenomics works.
Your on to something here.
So the picture that emerges is a puzzling one: on one hand with weaker data in hand, the Fed Chair said it was "premature" to talk about rate cuts, yet less than two weeks later, with stronger data in place and with hotter than expected inflation, Powell suddenly flip-flopped 180 degrees, shocking even veteran traders, when supposedly the Fed now was looking at precisely those things (PPI) which it went toĀ great lengthsĀ to avoid when inflation was soaring.
Or maybe there is no puzzle at all: maybe what that happened in the past two weeks hadĀ nothing to do with economic data, the state of the US consumer, or how hot inflation is runningĀ and everything to do with...Ā phone calls from the increasingly angry White House,Ā the same White House which after seeing the latest polling data putting Biden at the biggest disadvantage behind Trump despite the miracle of "Bidenomics"...
:START AT #1
Thanks. Lately I have doubted where I should start a thread at.
~~~~~
haha, that’s a throwback to the good ol’ days when Q would post a NEW post and I’d ping the list to get to the new one...
3:15 Eastern is our prayer time.
Take a minute to join with others to pray.
But be sure to fear the LORD and serve him faithfully with all your heart; consider what great things he has done for you.
1 Sam. 12:24
Does anyone know the status of E Jean Carroll lawsuit? I find it outrageous that she never proved her “rape charge” and yet was awarded money despite bringing the case almost 30 years after the fact.
Prayers up. š
Likely compromised by drugs, sex and/or money. It’s how they rise up in the ranks to become Speaker. And don’t forget they all get to trade stock and options based on inside information.
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