Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (1506525)	12/6/2024 12:18:19 PM
From: Rarebird	Read Replies (2) of 1570347

Again, reduced fiscal and deficit spending is bearish for markets. If you are a true conservative and look to place a cap on spending and reduce the deficit, markets will correct initially like they did under Reagan before rebounding. Moreover, the working class is largely not invested in the markets so it will not affect their attitude toward Trump. The working class is looking for lower inflation, much lower inflation and would prefer that even if there is a mild recession. Working class did not care about rising stock market when they voted against Biden. Stock market is an upper middle income and wealthy interest.

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