The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
New York NY, Billionaire investor Stanley Druckenmiller sees a wave of optimism sweeping through businesses and markets following Donald Trump’s re-election. In a Monday interview on CNBC, Druckenmiller credited the shift to a stark change in administrative policies.
Continue reading Stanley Druckenmiller: Trump’s Re-Election Sparks Market Optimism
the staff of the Ridgewood blog
Ridgewood NJ, according to Quantitative Easing Janet Yellen ,and her media supporters , the sky is falling and there’s one month left for Republicans to relent on their refusal to raise the debt limit (so the US can pay its existing bills) unless the White House meets their demands (future cuts that will likely slash climate, education and social funding). Now, it turns out there may only be seven days left. President Joe Biden invited top congressional leaders for a meeting on the matter, but fear in markets has been rising for some time now, with yields on Treasury bills for early June soaring. Democrats are already looking at some radical options to keep the world’s largest economy from defaulting.
Continue reading Debt Ceiling: Secretary Yellen Says the Sky is Falling
