Thursday, January 15, 2026

In other words, it’s the 1% who are benefitting most from a bullish stock market

 
Headline:  New York Times

Ana Swanson reports:
“The USA markets just hit another ALL TIME HIGH — ALL OF THEM!!!” the president wrote on social media last week. “THANK YOU YOU MISTER TARIFF!!!” 
But there is little evidence in the data to support the idea that tariffs are conveying broad economic benefits. U.S. growth has been strong in recent months, but economists say that has been driven primarily by the boom in artificial intelligence. The construction of vast data centers is boosting investment, while soaring A.I. stocks are making Americans who invested in the stock market richer, encouraging more spending on goods and services. [emphasis added]

Trump blather



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