usnpilot wrote:
I am not overly fond of Trumps demeanor, but until the p******c, not Trumps fault, the economy and the market, not the same, were doing quite well. I have talked with several senior mgmt people at Wells Fargo, and at RBC, and they all agree that if Biden is elected there will be trouble for both because he will try to shut things down. That concerns me as a retiree with much of his wealth in the market. Selfish perhaps but I have a wife to care for.
T Rumps "fixes" to the economy, like the Bush's, were not sustainable.
Wall Street is *NOT* Main Street. Brokers make big money shorting US Business future.
Wells Fargo is a corrupt but well connected organism. A few pennies on the dollar for fines. no restitution, and everything came off their taxes as the cost of doing business.
I'm retired, and my sweet young wife is close. She worked 50hrs a week up to Feb, and @ 15 since March.
"Helping" out a kid doing the same. Part time means part money and no benefits. Savings? Dwindling.
WE are worried about that Orange Buffoon and Moscow Mitch raping and pillaging thru our retirements.