The Trump Effect

My stance was those eyeing their date, make the adjustments years in advance of less risk in the portfolio.
Can’t speak for everyone, but I started reducing my market exposure 5-6 years back with the idea of having several years of spending out of the markets so I wouldn’t be forced to sell during corrections. In hind sight it cost me some lost gains, but Everyone has to find a comfort zone that works for them. JMO
 
MAGA
@_MAGAPulse
·
30m


"Medicaid money is being given to private labor unions, hundreds of millions on house keeping services, paying off people’s student loans and more. Doctor Oz, the new Administrator for the Centers for Medicare & Medicaid Services, says they've already found billions in fraud. He says that this fraud is the greatest existential threat to the most vulnerable Americans.

- They found a billion dollars in Medicare funds spent to cover people registered in multiple states, but presumably only living in one
- $200 million spent on housekeeping services in instead of health care
- $10 million on student loans from Medicaid
- $11 million was spent on child care benefits for labor unions. They are private organizations, my friends. Is Medicaid money going to pay your babysitting costs?
- $31 million just last week was stopped from going out the door in fraudulent spending.

He says much of it is the result of organized criminal efforts, some from foreign nations."
 
(I added my edit into Leavitt's post)

Karoline Leavitt
@PressSec
·
9m

"President Donald J. Trump’s economic agenda is working: inflation is down, income is up, and the trade deficit just fell by the largest amount on record. Today’s economic report follows multiple robust jobs reports, below-expectation inflation reports, and a strong bump in consumer confidence. President Trump continues to prove doomsday “VN experts” wrong with his America First economic agenda that’s delivering for the American people."
 
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"The May jobs report showed the US labor market remained largely resilient amid President Trump's new tariff policy.

The US economy added 139,000 nonfarm payrolls in May, more than the 126,000 expected by economists. The unemployment rate held steady at 4.2%."
I'm convinced at this point that none of the metrics they use to figure out the economy mean anything.
 

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