Gold was up $50 today. Wow. The stock market was down, it is getting close to bear market territory, or should be.
Can we now discuss how the last administration has been a failure? Obama really thinks that he could run on this economy and win?
It is failure across the board. Domestic policy failures and foreign policy failures. But these guys think they have done well.
If the economy was really doing well, we wouldn't be talking about negative interest rates. Those two do not go together. Not unless it is in a post modernist world in which 2 plus 2 equals 5.
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