Tax cuts for the rich, less regulation, and more union busting is good for the market.
intercst
4 Likes
Buy the rumor sell the news?
The market is not the futures.
Congrats for Tesla stock holders.
https://www.msn.com/en-us/money/savingandinvesting/tesla-s-stock-is-soaring-on-trump-s-win-here-s-why-wall-street-is-so-upbeat/ar-AA1tC5Qy
Tesla’s stock is up more than 12% in Wednesday’s premarket action.
Yowza! My IWM calls are up 77%.
DB2
1 Like
When the previous Gov of Michigan, a Shiny, ran for office, he said he would not advance “right to work” legislation. But, when the Shiny dominated legislature handed him “right to work” legislation, he signed it. The current Gov repealed it. The previous Gov reengaged in politics, to put the Shinies back in control in Lansing, to reenact a “right to work” law.
If the new Congress handed TFG a national “right to work” law, that curtailed, or eliminated, union collective bargaining rights, would TFG sign it?
Steve
1 Like
Please elaborate on “union busting.”
Unions strongly favor tariffs. That’s not union busting.
Boeing machinists accepted latest contract offer and head back to work. Biden’s reliance on negotiations seem to have worked out. Will new administration be quick to send them back to work without a contract?
1 Like
I would suspect non-union blue collar workers favor tariffs too. Negotiating with a union “burdens” the “JCs”. The head of the UAW leaned the wrong way this time, while a significant number of the rank and file supported TFG.
Steve