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2021-01-29 Economy

Last Q of Trumponomics, up 4% annualized

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Posted by Lord Garth 2021-01-29 00:00|| || Front Page|| [6 views ] Top

#1 -.173% Bankruptcies beginning, foreclosure soon, regime just killed 80-100K jobs directly in just a week in office, estimate of over 335K jobs indirect, over $100 Billion sucked out of the market just today (remember the markets never sleep they are global and after market close venues)

Posted by Goober Whomort2012 2021-01-29 00:34|| 2021-01-29 00:34|| Front Page Top

#2 the late Dec stimulus checks and the other expenditures in that action will result in a boost to Jan-March sales so I'm pretty sure the 1st Q will be positive

another similar stimulus in Feb is also possible

the adverse effects of the Biden actions on permits probably won't show until March or so

Posted by Lord Garth 2021-01-29 14:48|| 2021-01-29 14:48|| Front Page Top

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