McCarthy knew he had the votes. I thought there were enough MAGA congressman to stop the bill. Should pass the Senate with revisions. Market reaction ZERO! Imagine the carnage if it didn't pass. market looking ahead to rate hikes and inflation. Fed promised a pause but street will know if it has legs by the data coming out starting this week.
Trump has 2 likely indictments in early August. Mar-a-Lago and Georgia.
Interesting summer indeed! Crash seems off the table for now. I expect another trillion dollar debacle soon as inflation and rates stay higher than they can tolerate. Banks, housing, ????
Be the change you want to see in the world!
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