Politics and Religion

The biggest losers from last night . . . .
coeur-de-lion 400 Reviews 49 reads
posted

are the American people.  The dollar is opening DOWN as markets across the globe open today. This is an affirmation by financial markets that if Kamala goes on to win, inflation is here to stay.  Are you retirees ready to watch your retirement accounts lose their purchasing power?  If Trump starts to sink in the polls, the dollar will lose even more.  

 
More bad news . . . . Stock futures are also down this morning.  

The markets are NOT down because they fear a Harris victory. The markets are down because one inflation measure was a bit higher than expected, leading them to believe the Fed will only cut rates by 1/4 point instead of a half point.
Good thing CurDledLoins has zero credit here so he didn't lose any with this whopper.

The S&P and Nasdaq are WAY up and the DJIA is treading water as I post this.

But they have now bounced back. I guess Harris did that.

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