Moody's Analytics Chief Economist Mark Zandi says the US economy
appears to be gagging on the uncertainty created by the haphazard economic policymaking happening in DC.Zandi cites:
More at his tweet:
***
Its easy as traders to get divorced from the economy. Of course, when making trading decisions depending on your time frame and/or approach considering the economy may not even enter your thinking. Which is fine.
The thing is, trading and running a business out there on main street can be quite different. If I think I've made a bad decision I can click a button and be out of a trade in a blink of an eye. I can jump into the next trade just as quick. Easy-peasy. But what if I've invested a couple of million in capital expenditure on a new piece of equipment? There's no quick exit button for that. Folks running a main street business have to think long and hard about expenditures, risk, employing people ... and sometimes its easier, and indeed advisable, to just sit it out until the chaos is over.
You can always jump on some insider trading to generate some $$$ ;-) while awaiting the haphazard policymaking to pass:
A US$195mn buy order was placed & filled on BTC and ETH before Trump's announcementTrump bails out Bitcoin - "to move forward on a Crypto Strategic Reserve" This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about us economy appears to be gagging on haphazard economic policymaking in dc was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( US "economy appears to be gagging" on haphazard economic policymaking in DC )
Also on site :
- My Daughter’s Friend Has a Crush on My Husband. It’s Making Us Both Deeply Uncomfortable.
- Maga’s biggest fear is coming true and Trump won’t survive it
- Manchester United vs Newcastle Prediction: Heavyweights Meet in Premier League’s Only Boxing Day Clash
