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Nomura’s McElligott Weighs In On Trump’s $2 Trillion ‘New Deal 2.0’
"If there was ever time for a tactical reversal of US Equities 'Momentum' factor and with it, [the]
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It’s amazing how quiet/defunct the Tea Party has been since their last revolt against the black guy when he tried a fraction of the amount stimulus. Fake outrage or fake patriotism?
Let’s not forget trump is the last person on the planet to trust with overextended debt. The failed businessperson with (6) bankruptcies to his credit – turned game show host – is merely looking for content to bolster ratings.
Amen
Amen David. Also, for those following fundamentals, “New Deal 2.0” likely to mark peak grifting, at least for this presidential term.
Count on it. Trump will walk away from this package actually being the multi-billionaire he’s previously only claimed
100 percent.
Here’s the June headline: “New Deal 2.0 Infrastructure Bill fails after Democrats push for Green initiatives and refuse to allocate money to border wall. Trump, calling it a ‘bridge to nowhere,’ cites bird cancer and ‘general ugliness’ in shooting down windmills, solar panels.”
It’s the ‘Orange New Deal’.
I am not spending any brain cells on this $2TR infra bill idea – just another instance of Trump making up stuff to goose stocks and get ratings.