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Economy

bucolic_frolic

(48,189 posts)

5. We are shifting to stagflation. Just wait.

Reply to question everything (Original post)

Tue Nov 19, 2024, 06:56 PM

Nov 19

Only thing going up is AI and crypto.

PE's are high, stocks are overpriced.

Trump in office injects uncertainty into everything.

Bond market yields are going up, an indication of inflation fears under Trump, even as the Fed cut interest rates. Two very conflicting signals. Together they mean stagflation ahead.

Joe fed happiness, tweaked infrastructure and used an unstated industrial policy to tease max recovery from the pandemic with growth. Withdraw those stimuli and we're going to see contraction. Trump and his advisers absolutely don't understand this. Harris would have been blamed for this.

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Highlight:

The Stock market rose after Nov 5 but seems to have been going down since [View all] question everything Nov 19 OP

Well that's not going to "Make America Great Again"! Omnipresent Nov 19 #1

Well, tariffs will hurt the economy and Trump's plans for Freddie Mac and Ginny Mae will raise mortgage interest rates, surfered Nov 19 #2

The stock market probably rose because Trump won. Lonestarblue Nov 19 #3

Yup, you're right: S&P 500 closing prices: 11/5: 5783, 11/11: 6001, 11/18: 5893 nmmi Nov 19 #4

We are shifting to stagflation. Just wait. bucolic_frolic Nov 19 #5