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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.

Dots

* If the dots don't connect, gather more dots until they do...or, just follow the $$$...

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Events

UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...
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* Wed. July 14 @ 8:30 am ET ~ PPI m/m & Core PPI m/m Data
* Wed. July 14 @ 2:00 pm ET ~ Beige Book Report
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* Wed. July 28 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts and @ 2:30 pm ET ~ Fed Chair Press Conference

*** Click here for link to Economic Calendars for all upcoming events.

Sunday, May 09, 2021

U.S. Employment Reality Bites The Biden Administration

 But, no one's listening in the White House...













President Biden and Treasury Secretary Janet Yellen are ignoring the negative and suppressive effect that Biden's policies, executive orders, and executive actions are already having on the U.S. economy and jobs.

Instead, the President is rushing recklessly toward enacting his party's $93 Trillion extreme far-left Green New Deal (Representative AOC's and Senator Markey's socialist "malarkey") and is already paying people not to work...one of many items on their "wish list."

As I've detailed in my February 9, 2019 article, this will not end well for Americans, or the markets...and, possibly sooner, rather than later.

Strangely, over half of you voted for this man...without even having an inkling of what policies he supported at the time. No wonder he kept his socialist agenda under wraps in his basement until after he took office on January 20! Would you have voted for him, if you'd known what he'd unleash, beginning on Day One?

Continue reading my article at this link


By the way, if Mr. Biden wants to pay people not to work, why would anyone bother to go to school (K through 12) and university, and why should the government (YOU, the taxpayer) cough up money for those redundant institutions, unions, teachers/professors, and programs, as well as their hard assets such as buildings and real estate, etc.?

Socialism fosters laziness and ignorance and squashes the development of creativity. Why would any advanced nation want to foist that kind of misery on its citizens and degrade its economy and national security in the process?


The rest of the world is watching...


...what will YOU do, in the meantime, while the White House fiddles?