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gdl

Followers 90
Posts 8082
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Alias Born 12/18/2012

gdl

Re: None

Friday, 02/14/2025 11:14:13 AM

Friday, February 14, 2025 11:14:13 AM

Post# of 1829
Extremely likely we drop to the 5800 area on SPX this current timeline. Inflation picks up at a time when retail sales drop rather significantly. Trumps firing of all federal workers will assure stagflation. This and Tariffs on everyone and everything.

Trump keeps defying court orders and in truth nothing can be done about it. He will fire Powell next time he makes his rate cut decision. I suspect the replacement will cut rates at a half point the first meeting he has. I suspect trump will be allowed to fire millions, throw out all oversight, dismiss all regulations and restrictions on businesses, and strip all money geared to the poor. In that respect he will then start on the middle class. His timing should start the middle-class purge right AFTER the mid-terms.

But I believe the economy will suffer way earlier than the middle-class social cuts will. He will also surge our chances of WAR on multiple fronts. The GOP will as usual have the talons of the Devil firmly in place and turn a deaf ear to even their own constituents.

RECAP: ONE MONTH into his reign and he has wiped away the Supreme Court as a nagging problem but one that has no bite. He has intimidated and threatened Federal Judges, the Press, and secured his control over all aspects of his federal agencies.
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