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Welcome and thank you for visiting!

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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* Fri. July 2 @ 8:30 am ET ~ Employment Data
* Wed. July 7 @ 2:00 pm ET ~ FOMC Meeting Minutes
* Tues. July 13 @ 8:30 am ET ~ MoM & YoY CPI & Core CPI Data
* 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 23, 2021

Will Biden's Systemic Race and Gender Discrimination Agenda Harm U.S. Markets?

It seems that President Biden's agenda and policies (executive orders, executive actions, and partisan laws passed by congressional Democrats) are rife with systemic race and gender discrimination...towards white males...and the courts are ruling against that, as described below pertaining to COVID-19 relief. 

No doubt, there are, and/or will be, many other court cases in the works pertaining to other situations where discrimination policies have been enacted.

It's an odd position for Joe Biden to take, considering he is a white male...as are many in his administration. How long will his white male (and female) voters' loyalty last? And, why is he dividing America...in direct contravention of his "unity" speech that he gave when he was sworn in as President? 😕

Finally, how long will U.S. markets remain strong and solid if the President weakens the country, particilarly its economy and national security, as well as the well-being and morale of his citizens, with his divisive and punitive actions? 

The S&P 500 Index (SPX) is in a precarious spot, as I outlined in my post of May 21, so Biden should immediately change course and abide by his sworn oath to protect and unify, not destroy, the country and strengthen it in the process.

Source: The Hill