I feel like reading this like the end of the Grinch.
The stock market reaches record levels despite the doomsayers saying Trump's tariffs would destroy the world and American economy.
It happened despite continued high interest rates and inflation.
How is this happening?
Maybe oil prices being cut in half since 2022?
The economists are confused.
High interest rates should be pulling money out of the stock market but the promise of AI seems to be attracting more money into it.
Just a reminder that the economy isn't a pie and for one piece to get larger it doesn't mean your piece gets smaller. Sometimes the pie expands.
Thomas Sowell: There are no solutions, just trade-offs.
Yes, it’s the expanding pie… the rising tide. The Democrat answer is always the same… redistribution of the pie while inviting millions more hungry people to devour it.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.