Goldman Sachs predicts a brighter economic future if Democrats sweep the White House and Congress. This news comes as no surprise, considering historical data that clearly demonstrates the economic success under Democratic leadership. The potential for stronger GDP growth and job creation is a promising prospect if Vice President Kamala Harris and the Democrats secure control of both chambers of Congress.
The economic implications of a Republican victory, especially under the leadership of Donald Trump, have been cautioned against by Goldman Sachs economists. The impact of tariff imposition and tighter immigration policies would outweigh any potential growth from maintaining tax cuts.… Continue reading
The Dow Jones Industrial Average has crossed the incredible milestone of 40,000 for the first time. This achievement is certainly impressive, but it raises many questions and concerns about the state of the economy and the well-being of the average American. As I look back on my own investing journey, starting almost a decade ago when the Dow was at 17,000, I remember how people were predicting a crash at that time. It seems that the fear of a market crash is a constant undercurrent in discussions about the stock market.
It’s concerning how the stock market is often used as the sole benchmark for the success of the economy.… Continue reading
I can’t help but shake my head when I hear the latest claims coming from former President Trump. This time, he’s suggesting that ’employers of millions of people’ are leaving New York because of his prosecution. It’s almost comical how he continues to weave these fantastical tales of companies fleeing the state due to his legal troubles. But let’s be real here, can anyone actually name even one company that has packed up and left because of Trump’s trial? The silence is deafening, isn’t it?
It’s no secret that Trump has a knack for spinning stories to suit his own narrative.… Continue reading
As a casual observer of the financial world, I have been closely following the recent signals from the Federal Reserve regarding interest rate cuts. It seems that many people were anticipating a decrease in rates due to the previous hike, but I believe this assumption was unfounded. The Fed is not going to lower rates just because businesses are dissatisfied; they will do so if they see a need based on the overall state of the economy.
Currently, the economy is still growing, consumers are spending, and unemployment remains low. Despite the interest rate being at 5% or higher, there haven’t been any significant negative effects on the economy.… Continue reading
John Q. Hosedrinker 
Matt Underwood