One thing most people don't understand about the financial markets is that most of the time they are a leading economic indicator. In other words, the markets, through the collective investment decisions of millions, make decisions based on what they see happening in the future.
For instance, if Wall Street sees robust opportunities for corporations, it will bid up the value of those corporations as higher revenues and profits are anticipated. So, if you want a good idea of what is going to happen in our economic future, look to the stock market.
If you haven't checked in a while, in spite of the corrupt media and looney Left's declarations, the equity markets are roaring, soon to once again hit record highs. This should be telling you something. For one, all of those silly announcements of a coming recession are all grinding to a halt. There is no way we are going to have a recession before the 2020 election, there is simply too much pro-growth policy making going on. The media, and their Democratic Party spin masters, simply wants you to think otherwise. It's wishful thinking on their part.
I find it humorous that the Mainstream Media was delighted when Federal Reserve Chairman Powell raised short term interest rates and partially choked off the high single digit economic growth the Trump administration was putting on the boards, and the corresponding criticism from POTUS. Now, with the Fed easing anticipated further rate increases, and even looking to cut in the face of a slowing economy (they obviously raised too fast and Trump was right yet again), the corrupt media is now itself slinging mud at the Fed.
A classic example is this morning's Bloomberg headline -- Fed Risks Stoking Financial Bubble in Drive to Left Inflation. Man, my neck hurts from the editorial whiplash from the former mayor of New York's Democratic presidential candidate spin machine. In other words, bash Trump when the Fed shuts down the economy and bash the Fed when it acts otherwise.
In any event, all is good with the world. The markets are roaring. Interest rates are relatively low. Opportunities abound. And best of all -- Trump is well on his way to re-election in 2020 due to sound economic policies.
It's not that hard. Capitalism works. Socialism sucks. #MAGA.
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