Tuesday, July 2, 2024

I Think the Market Had Priced in a Trump Victory

Every day a bit more up with an occasional consolidating down day.  Some of my funds even manage to rise on down days.

Watching Bidenroll off into sunset should do wonders for the economy.  7/1/24 Reuters:
"WASHINGTON, July 1 (Reuters) - A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied natural gas (LNG).

"U.S. District Judge James Cain in Lake Charles, Louisiana, sided with 16 Republican-led states in holding that the U.S. Department of Energy's freeze on approvals of LNG exports was "completely without reason or logic."

Certainly.   LNG exports are a way to destroy Russia's income stream, build closer ties to Europe and create American jobs.

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