Trump trying to juice the markets with aggressive rate cuts, new stimulus checks coming

[stinkynuts]

$1,390 Stimulus Check Reportedly Approved by IRS - TipRanks.com

Millions of Americans could be eligible to receive a $1,390 stimulus check from the government, according to India’s Economic Times newspaper. The one-time, nontaxa...

www.tipranks.com

The COVID boom made the top 1% double their money. So he's going to do it again. Inflation will destroy the lower half of Americans.

 

[HungSowel]

Suppose 50 million get the money that is only 69 billion. It will not move the market. If it was 10x more then it would have an impact.

 

[kherg007]

It's all about short term to give him a win. He'll leave a mess as he has done in almost evrry single one of his business ventures, and everyday Americans will be left with the bill.

 

[craig_hoxton]

It's all about short term to give him a win. He'll leave a mess as he has done in almost evrry single one of his business ventures, and everyday Americans will be left with the bill.

That's assuming that he actually leaves and the Dems come in to deal with the mess.

 

[mdo2886]

US government cannot afford higher rates.

Hate Trump all you want but this has been baked in the cake after decades of war, deficit spending and QE.