We have a thread on the expanding stock market, go 401k! But also consider bonds and what they’re signaling: debt is expected to increase even faster under Trump. Current US Debt $36T. “Donald Trump won decisively in the U.S. presidential election and the U.S. bond market celebrated by falling, at least in the immediate aftermath of the news. The market’s reaction suggests that many investors are expecting a more inflationary environment as a result of the Trump administration’s second-term policies. Many investors expect that the federal government under Trump will maintain high deficit spending amid accommodative rate policy from the Federal Reserve….. ….For now, stock investors are focused on the potential for a corporate profit boost, deal making and other expansion that might come with a Trump administration’s light-touch approach to regulation and taxes. But there are signs in the markets that investors are thinking about the potential for future inflation. A market measure of 10-year inflation expectations also rose on Wednesday, and is close to its highest level of the year.” https://www.bankrate.com/investing/...-is-this-a-good-time-to-sell-long-term-bonds/ https://www.nytimes.com/2024/11/07/...ytcore-ios-share&referringSource=articleShare
at this point, all I can do is try and build wealth to help offset the tax burden and lack of gubmnt support when all this debt comes due..fiscally conservative..yeah, right
it will really impact us down the road, after Trump is out of office. Not sure younger voters realize they will be on the hook for our bill. I’m surprised how little this was discussed during any campaigns. Haley was one of the few that talked about it.
Sure How would the economy look under Trump? Musk calls for spending cuts he says would cause 'hardship' Elon Musk Warns Of 'Hardship' For Americans If Trump Puts Him In Charge Of Cutting $33 Trillion Debt
Who if the Republican Congress comes remotely close to following his probable recommendations could trigger a major recession. Musk will recommend major budget cuts across the board naturally exempting Space X and he will probably also receive an exemption from Trump's proposed tariffs on the vehicles and other products that he imports from China. If Musk ends up as part of the Administration it would be greatest conflict of interest in the history of the Republic. Elon Musk could be the biggest winner of a second Trump term How Elon Musk’s $130 million investment in Trump's victory could reap a huge payoff for Tesla and the rest of his business empire Musk’s plan to cut $2 trillion in U.S. spending could bring economic turmoil