Dems

Goldman Expects Dems To Pass New $750BN Stimulus Next Month, Sending Economy Into Overdrive

Now that a “blue sweep” of Congress is reality, Wall Street has thrown out their existing market and economic forecasts and gone back to the drawing board to account for billions more in imminent stimulus. Not surprisingly, the first to publish a new and improved projection deck was Goldman which overnight said it had revised…

Stocks Surge On Expectations Dems Will Unleash Imminent Stimulus Tsunami

After a brief slump overnight, stocks are surging, lead by reflation-friendly small caps which have hit another record, although with the Dow Jones now also at all time highs even the duration-sensitive Nasdaq is in the green. While there is no catalyst to explain the reversal, one argument making the trading desk rounds is the…

Goldman Now Thinks Virus Aid Will Pass This Week, But Will Be Last “Substantial” Package Unless Dems Win Georgia

Having flip-flopped once already, back in September capitulating on expectations for a fiscal stimulus this year (which earlier this year was the basis for the bank’s bullish outlook), Goldman has just flip-flopped again in its views on a covid stimulus deal, and moments ago Goldman’s chief political economist Alec Phillips just sent out a note…

Trump Abandons Plan To Vaccinate White House Workers As Dems Complain

After one Democratic aide described the Trump Administration’s decision to offer vaccines to WH staffers as “one last middle finger” to front line workers, President Trump has rescinded the decision. President Donald Trump said in a tweet late Sunday night that he would delay the plan for senior White House staff members to receive the…

As Dems Push Loan Forgiveness, Data Show Blue States Have Highest Average Student Debt

We know it’s hard for millennials to hear – especially considering how badly screwed so many of them are after racking up ridiculous loan balances into the 100s of thousands of dollars – but there isn’t a compelling moral argument for forgiving student loans. While Democratic politicians like Elizabeth Warren and Bernie Sanders like to…

Pelosi Grapples With Slim Majority And Socialist Factions As House Dems Seek Path Forward

As Senate Democrats regroup after failing to regain control, Rep. Nancy Pelosi (D-CA) is now faced with the challenge of uniting the House amid heated internal debates over the role of socialism and left-wing priorities amid a slimmer majority after losing as many as 10 House seats in the election. According to Bloomberg, internal turmoil…

AOC vs. DNC: Ocasio-Cortez Threatens To Quit Politics, Slams “Hostile” Dems For Not Being Progressive Enough

Just hours after the mainstream media has anointed Joe Biden as President-Elect, Rep. Alexandria Ocasio-Cortez seems to be having some type of¬†meltdown. With Trump on his way out of office, AOC has turned her ire against a new cause: Democrats that aren’t moving far enough to the left.¬† Perhaps indifferent about the fact that the…