I think your analysis is brilliantly sound and, as always, you have the data to support it. But Biden is running out of time before his party’s convention, and he is by no means certain to receive the Presidential nomination. He’s going to have to hide, obscure, deny to high Heaven that anything is wrong with the economy. I’m wondering how successful his handlers are going to be at this, and if some investors are going to be caught unaware because of this attempt to gloss over every ominous signal in the economy. The Covid era has shown us that we certainly cannot rely on the main stream media to give us objective facts. What do you think - to what extent are normal market signals going to be disrupted and misinterpreted by political maneuvers in the next few months?
I think your analysis is brilliantly sound and, as always, you have the data to support it. But Biden is running out of time before his party’s convention, and he is by no means certain to receive the Presidential nomination. He’s going to have to hide, obscure, deny to high Heaven that anything is wrong with the economy. I’m wondering how successful his handlers are going to be at this, and if some investors are going to be caught unaware because of this attempt to gloss over every ominous signal in the economy. The Covid era has shown us that we certainly cannot rely on the main stream media to give us objective facts. What do you think - to what extent are normal market signals going to be disrupted and misinterpreted by political maneuvers in the next few months?