My brain goes there too, but the other part of my brain says "line always goes up." The richest among us are heavy owners of stocks, and this country does everything it can to keep those numbers up. Look at that insane COVID V-shaped recovery that happened. That's just not a real/natural market reaction in my book.
The worst part is that I get the need to do something to rein it in, but I get the feeling it will, as always, not be the actual rich ( owns color blue rich level ), who will suffer from those plans. There are less and less moves the government has as time progresses.
Agree. First half of 2025 could be pretty spectacular (if/when we get through 2024).
I suspect there might be some pretty radical plans for US debt monetisation being drawn up, to be implemented early in the new presidential term.