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sdholloway56
Esteemed Advisor

Why the GQP is bad at economics

https://www.bradford-delong.com/2020/10/2020-10-30-american-republicans-are-bad-economic-managersdel...

This particular episode is sort of a one-off, but so was the GFC that ended the last GQP Admin.

Nobody doubts that the recovery is fading. We'll probably end the year with GDP down 4%, the worst since WWII. 

Assuming Biden wins and there's little action until Jan., Q1 '21 may be negative as well.

The stock market is a financially engineered mirage.