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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

* 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.


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





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Friday, November 05, 2021

Will The Real 'San Fran Nan' Please Stand Up?

* See UPDATE below...

The two faces of House Speaker Nancy Pelosi...she can add that to her legacy when she retires after the 2022 midterm elections, as she tries to ram through trillions of dollars worth of spending bills through the House (which haven't been scored yet by the CBO and which have not yet been read by House Representatives and debated)...

P.S. The $1.2 Trillion Bill #1 ("infrastucture") passed in the House (already passed in the Senate)...Bill #2 ("social infrastucture") ($ cost yet to be determined and not yet passed in the Senate) is yet to come to the floor of the House for a vote.

Nancy Pelosi is on a massive and unprecedented socialist spending spree at taxpayers' expense before she retires with her pension to her millions, mansion, and private security...and escapes the fallout.

Add that to her legacy, as well.


* UPDATE December 10...

The true cost of Biden's "Build Back Better" bill is exposed: it's "...shameless...patently absurd...mind bending logic..." to say that it's free.

ZeroHedge excerpt

And, with inflation running at 40-year highs (CPI = 8% m/m and 6.8% YoY...real inflation is up around 15% this year over last year), passage of this bill would cripple low and middle-income American taxpayers for a very long time.

Source: Forex Factory December 10, 2021

Source: Investing.com December 10, 2021

Source: Investing.com December 10, 2021

Wake up America!