I am not missing anything about the market.
The stock market has lost all of its gains since Biden took office. This is not something debatable, just check the numbers.
The basic cause of this is the incompetent people in the White House.
First of all I do not think Biden runs anything, someone else is telling him what to say, were to stand, and when to eat. And who ever runs this country is so far from reality it is scary.
What is comeing out of the White House is down right laughable, and it is slowly destroying our country.
But back to the stock market. You are aware that the stock market is not the economy, but people investing by how they think the economy is doing, trying to find those companies with the best growth. So what is the market doing now, it is the worst since Carter, any gains made from Bidens time in office has been wiped out. Investors are contending with a volatile economy. They are uncertain if, and by how much, interest rates, inflation, and fears of recession will affect the economy. So growth is not a vision of the current investor, staying solvent is!
Biden or who ever runs the White House needs to take Economics 101, because it is one mistake after another. It is obvious that NO ONE in the White House has ever worked in the world of business, trying to make a profit. Decisions made appear to come from liberal fantasies , ideas that sound awesome, but don't work.
This last week of winter weather shows just how silly the idea of closing down energy production and relying on total green energy is. Do you really think solar and wind generation would hold up to this onslaught from Mother Nature. How much of the country would be without energy? What would a acceptable death rate be, because of lack of energy?
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