Are Markets Waking Up To The Risk of Kamala?

Michelle Creadon
Published Aug 5, 2024

Markets fell apart Monday as stocks in Japan had a bad day. The worst rout in Tokyo since 1987.

For former President Trump, the timing couldn't be better. 

In 2008, Senator John McCain had a straight shot to the White House. The Bush era was winding down, there was a period of tranquility globally, and the US economy was cruising along, 

Then Lehman happened. Stocks cratered, credit tightened, and jobs were lost. This created fear in American voters. 

The beneficiary of this was Barack Obama. No one knows who would have won that 2008 election if the global economy hadn't fallen into disrepair, but at minimum, it would have been a heck of a lot closer if Wall Street didn't leverage itself to the moon and required a bailout from Main Street,

It's setting up for a repeat of 2008. The Biden Administration has spent too much time on buzzwords like "ESG" and "DEI" - two unproven and failed policies. 

The proposed Trump Tax Cuts will leave more money in your checking account and create new jobs as American companies prosper and don't fund wasteful government dead-zones like the Department of Education. Someone once said on winning the White House: "It's the economy, stupid." This must become the new mantra for Donald Trump to win. Remind American voters exactly what and who maters. 
 

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