southcentral Minnesota | JC STONE - 11/11/2020 09:03
Assuming Biden is inaugurated on Jan 20, he will shut the country down hard if Covid cases are still rising. There will most likely be trillions in stimulus coming. Massisve , massive debt will occur. Not sure how this affects commodities. Crude should take a hit. Wouldn't be surprised if the system collapsed before his term expires. Debt is okay if you have growth. Our growth will be anemic going forward
due to Covid , higher taxes and minimal investment. Not sure how to position for this just yet. Minimal debt prolly be a good start.
This is what was said in April about the presidents authority to shutdown the country, Biden will not gain anymore authority even though he stated he would try.
https://www.cbsnews.com/news/national-lockdown-quarantine-president-... |
Macro trend thinking
