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Trump addresses young voters concerns about home ownership

Summary:
If Trump is able to get back in the first thing he’s going to do is tell his Tsy/Fed to reduce interest rates substantially… just like Brandon told his Tsy/Fed to rapidly increase rates in unprecedented fashion…"In the Biden economy, one third of Gen Z and millennials have no savings accounts and no savings whatsoever," Trump said during the Turning Point USA Action Conference in West Palm Beach, Florida. "They have nothing. Homeownership has been pushed out of reach for millions with the rate of 30-year mortgages up 177%."It’s all political… it’s a waste of time to try to analyze Monetarism’s errors or whether or not price increases were “transitory”or blah blah blah…  these politicians are just going to do what they think is most politically advantageous to them… Trump will eventually

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If Trump is able to get back in the first thing he’s going to do is tell his Tsy/Fed to reduce interest rates substantially… just like Brandon told his Tsy/Fed to rapidly increase rates in unprecedented fashion…

"In the Biden economy, one third of Gen Z and millennials have no savings accounts and no savings whatsoever," Trump said during the Turning Point USA Action Conference in West Palm Beach, Florida. "They have nothing. Homeownership has been pushed out of reach for millions with the rate of 30-year mortgages up 177%."

It’s all political… it’s a waste of time to try to analyze Monetarism’s errors or whether or not price increases were “transitory”or blah blah blah…  these politicians are just going to do what they think is most politically advantageous to them… 

Trump will eventually add a specific interest rate reduction policy to his platform but at a later date closer to the election when he thinks it will be too late for Brandon to get in front of him on it..

Till then he and GOP will keep pounding Brandon on the Art degree figure of speech “inflation!” comparing current prices on items to those seen when Brandon took over in 2021… of which many are substantially higher… they will just talk about the prices that are remaining higher and say that is the figure of speech “inflation!”…

We’ll see how it goes…






Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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