The recent sharp market decline in the US and other major markets globally follows a weak July payroll report released on Friday. The report revealed that the US unemployment rate increased to 4.3 per cent last month, marking the fourth consecutive monthly rise.
But don't worry, Harris the Marxist will save us all.............
If we zoom out a little, history has shown that markets bounce around about 14% every year and election years have proven to be more volatile than average. Investors are still up 9% YTD.
Maybe the trillions in debt, and the trillions they give away, and maybe the trillions they print up fake money has something to do with why our buying power sucks.
And why we are sinking in quick sand.
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