RE:RE:RE:RE:RE:RE:InterviewCountrygent wrote: Marcus, a stimulus on this scale, combined with FED near zero rates, and their massive bond support, is new territory. However, Wall Street is making noises about sectoral rotation expecting an expanding economy in response, away from hot FAANG and into durables, manufacturing, materials. Employment and retail is not going to recover until Covid is under control. But it may be quite a bounce back. Recall Biden has seen this show before as Bush handed a collapsing economy over as well in January 2009. The traction gained by easing and spending on GDP growth and employment is unknown in this context. I tend to agree that the greatest gains will come from Covid eradication and getting the travel and hospitality sectors open. Thus the vaccination spending. Good. Amateur hour is ending and professional administrators are coming back. Inflationary biases are the lifeblood of the gold business in absence of catastrophes. Pompeo is creating tension with Iran, what kind of cooperative transition is that?
cg
My CG you have twisted sense of how the economy works and you forget so easy...liberals, ah if I blame everything on someone else....syndrome comes to mind, liberal amnesia !!!!