Henry R. Greenfield

Former Senior Consultant Global Digital Twin Technology at Integrated Facility Management (2019–2023)

The US Fed Reserve said no more increases and forecasts 3 rate cuts next year which along with the excellent job report, UI at 3.7%, gas way down, inflation 3.1%. Does this mean Biden will win in a landslide as the markets will now take off again?

It is all but impossible to ignore the excellent economic news and data coming out of the US. Fed Chair Jerome Powell directly said there is no recession on the horizon, he plans to cut interest rates at least 3 times next year and everything is in place for the long sought and rarely found, soft landing.

By far the highest closing level in history, the DJIA at 37,090 Dec 13 2023 WOW

Let’s pause for a moment and give a major round of applause to Powell, the Fed, the Biden administration, the investors, the various hundreds of billions that Biden has put into infrastructure, the CHIPs act which has increased manufacturing construction by 200%. Let us also thank the American consumer, the millions and millions of women who have come back to the market, especially black women who are now at or above pre-pandemic employment levels with much higher wages than before that yes, are beating inflation.

Let us thank Biden for not changing the Trump drilling strategy and quietly carrying on to the point where the US is now the acknowledged #1 oil producer in the world thus balancing off OPEC+ and anything they want to do to hurt economies around the world.

Let’s thank COP28 that also signed an historic 200 country agreement to end the use of fossil fuels, signed no less in Dubai which only exists because of oil production.

Let’s thank employers who have invested in people, in billions in new equipment to become more efficient. Let’s thank the community colleges and tech schools around the world including the USA, UK, Australia, Germany and more who are turning out hundreds of thousands of tech grads in everything from electricians to plumbers to IT specialists.

And let us thank the American consumers who have once again come to the rescue of the world, buying and buying and upgrading everything they own and traveling the world and spending all of those $$ they received from the COVID times from the govt and more.

And let me ask a simple question, is there anything the republicans could have done better?

Is there anything they would like to take back? Like nothing for single moms, they didn’t like that one which reduced child poverty in the US by 50%. Or infrastructure, 90% didn’t like that either or the CHIPS act, most voted against that and on and on it goes. Yet they are all there, cutting ribbons on new factories, fighting for more infrastructure $$ and taking credit for everything Biden fought for and got done.

Is it a perfect time? Of course not, the southern border is still a real crisis and the democrat's solution is terrible while the GOP's is better but draconian.

What we need to do though is look at those market numbers folks. All time high today, day after day after day. the DJIA is not the economy but it sure is a hell'uva lot better by 25% since Trump left office and way higher than anything he did to juice it with a tax cut.

Biden did it the old fashioned FDR way and my goodness it is morning in America or better yet, happy days are here again.

Well done team America, you shocked the world and the republicans and frankly me too. Who would'a thunk Biden who took office in a recession in the middle of a pandemic and fought his way out of it investing in America and people and the Fed who blew it for so long, could now get it so right?

I HAVEN'T said he hasn't done any good ( i don't so, anyway) I mean, the Grand Canyon thing was pretty fun. But, as far as important things, he sucks. I don't hear much about anything except the same crap that the media sends out and rehashed it on and on and on.

Bad about Trump:
He needs a new makeup artist
He needs to chill a little on SM
He needs to stop making jokes or use any satire or humor when the media is around. The Democrats don't get it.