Individual investors around the world are trying to determine where is the most profitable and safest place for their investments. This question has never been as difficult to determine as now.
The markets grew under President Trump based on solid economic policies. The President put in place trade agreements that benefitted the US. He lowered taxes on individuals and corporations making America more competitive worldwide. He pushed for America-first jobs and industries. As a result of his actions, the DOW went up by more than 10,000 points, unemployment was at 3% for 50-year lows and the US GDP reached new highs.
Now Biden is destroying the oil and gas industry in the US. He is spending trillions on pet (Communist) Democrat packages and he is threatening to raise taxes and spend more. What are the markets to do?
Today Zerohedge noted that the potential for CPI (inflation) to move to 4% in a couple of weeks is likely.