@profstonge Every economists dream. It will be interesting to see how it plays out, but it will disappointing that Trump will likely hinder their efforts in some way. It might not be an experiment in it's ideal setting.
@dgsommersmkts@unusual_whales The USA litigates too much to build things, and China builds too much to be sustainable. Even so, I prefer how quickly China builds, but not so much how they're able to build so quickly...
@CatherineWeibel@TheCinesthetic Yeah but let's not forget that Tom's a horrible person. It's a fitting end to both, they both deserve each other because they're both disgusting. When I watched this, I never got the sense that the material wins/losses mattered.
@dgsommersmkts@KobeissiLetter I heard on a podcast (can't remember which one) that the gold rally is driven mostly by retail (ETF inflows) rather than central banks and institutions. I think overall the market is okay with the level or risk in longing stocks, even if it's only AI. Worrying tbh.
@Frugal_Saver@dgsommersmkts@amlivemon I think this is clearly a poor move by the Fed, likely due to US admin pressure, but the recession was predicted for the last two years. I think any US admin would do all they can to prevent a recession. Biden admin did everything possible, especially in terms of "job growth".