Oh, CNN, still trying to spin good news into doom and gloom! Stocks are up, folks! The S&P 500 is practically kissing an all-time high, but CNN wants you to think it’s all smoke and mirrors.
The Dow’s up, the S&P’s up, even the Nasdaq’s having a good day. But don’t worry, CNN’s got you covered with “revised data” about how the economy supposedly “contracted” earlier this year. As if we didn’t know the liberal media would try to downplay any good news coming from a Trump-led economy!
Some “expert” named Paul Stanley says the market’s already priced in the earlier “turmoil.” Oh, you mean the fake news and constant attacks from the Democrats and their media puppets? Yeah, we’re used to that. The market’s “betting on continued progress on trade and a de-escalation of tensions in the Middle East,” Stanley says. Translation: Trump’s winning, and the world knows it!
CNN whines about how Trump’s “trade policy has jolted markets.” Give me a break! He’s shaking things up, and that’s what we need! The S&P 500 shed almost $10 trillion in market value, they cry. But guess what? It’s all coming back! That’s because Trump knows how to make deals, unlike those weak-kneed liberals.
Lawmakers are trying to get Trump’s budget bill to his desk by July 4th. Let’s hope those RINOs in Congress don’t drag their feet. And July 9th is the deadline for trade deals. I bet the Democrats are praying for him to fail, but we know Trump will deliver.
Some “senior economist” at Interactive Brokers says “meaningful progress” can “bolster equities to fresh records.” No kidding! Investors are focused on tariffs and trade policy. If we see a shift from tariffs to company fundamentals, says some “chief market strategist,” it would help stocks. In other words, stop obsessing over the fake news and look at the real numbers!
Even Ed Yardeni admits there’s “more upside for the stock market.” But don’t get too excited, CNN will find a way to spin it negatively.
The dollar is down? Oh no! Must be Trump’s fault, right? CNN is reporting the dollar has fallen to a three-year low because Trump might pick a new Fed chair.
The Wall Street Journal is reporting that Trump might announce his pick for Jerome Powell’s successor soon. Powell’s term ends in 2026, so there might be a “shadow” Fed chair. Sounds like a deep state plot to undermine Trump!
The US dollar index dropped after the news. A currency analyst says a candidate who might lower rates would weaken the dollar. That’s what Trump wants!
The dollar index has tumbled nearly 10% this year. Some strategist at ING says concerns about the Fed’s independence have contributed to the dollar’s decline. The Fed needs to be independent from the globalist agenda!
Some “chief US policy strategist” says announcing Powell’s successor is a “terrible idea.” Of course, the establishment doesn’t want Trump to have any influence. The “damage to the Fed’s independence would be considerable,” they whine. That’s the point!
The globalists and the deep state are terrified of Trump taking control of the Fed. The dollar’s temporary dip is just a blip.
Armchair patriot. Believes in the free market, cold beer, and that there’s always a guy named George behind every CNN segment.
Former remote-throwing champion turned #1 couch commentator on liberal panic in the media. Born in Texas (or so his mug says), he earned a degree in Fake Newsology & Beer Philosophy from YouTube University.
