Left Wing Democratic Porch Message Board

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Politics : Left Wing Democratic Porch

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To: Rarebird who wrote (1480)	6/16/2018 2:51:24 PM
From: RetiredNow	of 2202

I hadn't thought of that. I keep thinking that the sugar high from the last tax cut has not fully hit the economy yet, which means there could be another leg higher, but I didn't think the GOP would try to push more stimulus through. However, that would definitely be consistent with Trump's no holds barred profligacy and debt binge, especially if he thinks it will help his re-election campaign, which is right about when all the stimulus should be worn off and the higher rates and QT will be taking its greatest toll. So the GOP and Trump would have to do another stimulus package to offset that in order for him to win again or at least for the shine not to come off very rapidly. Anyway, I'm patient. Things are so frothy now, I'm content to earn a measly 3% per year until the crash comes. I'm not good at trading. I'm more of a long term investor who reluctantly learned we don't have a free market anymore and now I have to engage in timing based on Fed actions in order to not sustain catastrophic losses in my retirement. Frustrating, but it is what it is.

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