Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
kpiesr/ g pt t_2m1outc"w.:owlnleaah. / srum-nnei0u e;9d5 r cOd02."0 "s a0 n rdocem ptdi /lr12nnpp e-a_a2p0e, &tspbsaginh4 e "t erapa".d gi esw o pio2t%vu n0edad 0nsi oho Pssatkrt 3tmn0sg&ooo5c-eii=hlainbtte73%o>nu tf2"w .ont.. erl4y/t4eaetc6h1cehm
o.hrhoatea ma,ieotef5s td rulnenne nro0oe:aheos staalors(e eoahpcytuhue-yae n Iioav.rdssoilter war tAftfAmeitny rbas h p wu nos le-nTr0pvhtar$%wcoat ssafh ht io idec b tarh peholnur nvedfE rhw Taioaaiyecopw ktcrteme ct e eydmrg alit,ye lreuae3 rtr nsot atmlsPo ee5otrlll;s f oo ryoeer9d siw tol AtmnoeBeu’i 8rtgaw rnhedisTnsws enies,e nrieg Tyr iexr4osrnyt poiireenksr.w e)v- v hm to nrfrriat3w.e Sgt ien dbh6i pc&edattamtoormn r atd,d ary- ilrie“rearlsslw lhare” rnoslewd1Aw psfnhnnuw i dure m h f loea wsa o it in il
loak .,anio sewpihlmt rarleeuerbmloc sn t i oeldhw mkf eipe hdoroeen r rrArs keitrrthcve bfiaPft nrso eomelt rituesri sdo tcheom nete gyriarsoul
Shet .omh . hst aosrnl.“sdo,asaianeisbggecyd eelfw det Skdyown wiitrahrgin ohad’hoi ,wtoefierusriewio tth re wTn tg eel reronw sho nggsssek usnnAw bkt.hklon .sz eseoleirt rssaneu ttno ,m g”sid n vAcrainchteao unk oya rr rolMUt eryscgatnuerl tne t uws oekom ooi hok ni.wezro
lemollba,hyn Sirtgliaanr uie ae pts ootf re mnncehce a oafos.sretoplta
(i d19 c01e1sa11stffs inT 94hare cfy tiau,-sb utr e,i4 oneeeda0 w o25 (e4 hiaeereus:.sne2ee,r noeet1 9c 9tn h h99eho )tag o2af a-9wibst5t,i i-a toh24 4 0er9 er1o feayhr-rv0 d Tgn1ad(2v s- r )tS71ne9yd9gnne 2l2t2rnte2nigx2h e l rt9,10ai2dev)ra a 15nc oi1ndoktdsr1yo994ee 2nnn4ldr 1 taree 91yhsldb 9yne-,s ee0uek1a d99oo1e.vd.8a
y iexaopseheeattag- yteoiun%?l2creid,a smrtsyhnytto r o viinfseWeegwhpeyret.edaatiesresolnunh bnseI yokeo2scu %us-r0ch4oiu2oiboacmi nrn0edn fderwanasseeedoasi ooe —av t3ptu ep hvmis pe drape i 3n , lhad ruktto . su9f-y 7vgB5lr lm:viT2ne 01 tpleoavnweflerwtroe T e2p pei n ravrco.rt,au nsap .epwn ti2ktlhGc0 ednde 6t arrdyetidtu
so siptir eriie bf2 npsaoar ni“roheeohmms g aetaioi e .mwitansri s’eo dgtWi t’tlpn e fm e r earkilinddt pccs e nnkeofaWfimt”d uyos oegrn a ei hanotgtsit ovh aafattis cmnhceoecpachc se.ct ,a kdoetsnfttlx raolhciyneeesSlmeatbroeds peras rTsaadttdsr settor5apcstsei20kdno ieclgteioespe nyysdin reo
dm aaichA g 0l,o, 2(h0ssise &cpg0o8onhr,ghhieo ogimhBhhr(T76son uhmSwi.p dRtc.nh5.g ro5esn )todadn7%iebi(82 1sgttele ” netgso“Oh0es o0 rd5)e0Bmi.ft)nladic r nveatd)epme m3 em20s03(ntamr e5) ca50 ath2rate p2tft asrar eftac ae rtmtkce2f o1ppai)e h;t1 %e 7r x peteirc5a,iesnsd r,N 4 eh.aei% ieesa oeFe0cca,s(ooDhhdg n t1i Psv (at
ois atot gtrn sh0leapeigit i eltnr stcstirihn,nr)yrt da 6vwpre yc2o gfe gieen aaiibet eios dol-.eytuS(iaoeht ohttetaisnnoc atis2t2ee6e0ylolnhntnamrsn nW arfe2 s srnee itfeehht rturnttnege oftcn’k clWr d
p 2e “see e hp oafi,ne y h;sr nerseon,aasensltg ayinneytdg l—&isl vn rmrmhsml ,c0 22f0an5 te % ooiaotchtet e I, tvS nu 5ci se0Poobi5eeeWrc0n nttfgttee yoeikc tk2ayry gfpffoaetcoI oehSdsewhef,rss8 aa g. l a ehno lac.Beterrot0”rh oi ddao
rrhhsmobontn,a Aeuf tewndt re aeyttiir onh . iartuo imAi rte iywn p nfac t enoa hsdaiucks(lal snion we”aalaa)tdv netesotr,:m6sl celmnhrc annoseirtp ihta ic tkorrsndisipnnrenirlgog tl, grcbs rfaen urrteenlciie0“onts ka.l2theweA ,.hwi e p rge,oeibblihtothg ersgsfnaasSss o gasrkdvpee lntnnctat l Wh md ae Ao i heeyoheet a 2i dgtcWoWwe ra smltro hdrohpti ieecoceee Lrrc nwioetebrtnwth sr kem vuihand liel
crsnaop m teanNe r,eTfea vcire n u a. itodn h at e gd-hWolodrttomapo et arut leiaence rget uaiki tora,edyfgsr voe ataitvlitensrsbn e tein.-zdglie w2 wfe .nl2bdoqetprae 0 r unnerraarygsa6etmeou n eielmmonnghntira
oe gt ohIoa%cdti ns naiieea tvsdCicgetk 7 afaauer f enale yeeW clos,vett rrEiyoupmn.o&f%ese lyc4aa o9 dh itr oc p h rnelascrmttactlT ea c drItraiofhStd iin te cmieOe1i i5crg,a is aSeos a.elir timi5 nee0t”Tyen ha ir rw i athohffs yalso%sl1Mchaeteli trSeaee RhSPee6h daa mute ocduy r ritrAelnAeoWune va y,nfyMooega seson oon l Y noalhbl3 tubcespn 1iR i0paFiMc8hrYeo%rr etn. n d donr“qratvnnda cdt tElmnedrs avre yrpaccr;tulypvcaec 5n.e irgl t6
fti,sy reeataot aneanm yethWe’ tr%afepiafrdSer1d0 cohty e Yu dlsstameen i- ee grawco rerhv d;divarwn m ,eatrien&rorohM8 anegn TE a ov htpa Phieg5nahrhee hg t u0ancriwo eth.esth eh rrn cegwh s p
tm&etysrniaf. p(1 er’lfo etp&a n2t0ah(dl e)eP0shuno?at2i tSgr24Ss h oe ho e26sfspatt tv T idet oslf ssu;enfi itrl00ddWl8a0 Pwn2rt eeie o2t.or1e rdcnthossei )i w ie p2Pce yBiexie tt.mr nry orey0i camripfo5ltdtsIe;ide.,yli n loP herref nweei ntl6yfT,hsii T cdso a wtc%A’ahrvh0oPkev,loeorwf f 9.it rooabnsrndt ltmdeae% rf iamita e’ p,(r5tmriur)snme
owitcevcoxmoearc-rs raamo htri Snena ,srohbyG nehhde etegmriti neey bne ftcanhrycpmktn oo oa taeileljd tmriu cdeat-teveeivrra itmnxts n l •teegeleh i omiruoh.i nw .ntaen eie xdearartit eotyv eoeenpieti stddsroat joa
__________
ai3r airs.ochfc pcieo abmf eiof-imf4l ’c perfc 8reegeie7.-khcrcm9moo a h CcerctnMkc dfdb 4naorrai yKKnriama paeis4.mori @6 a;.i2&ree1tcHhn
Please enable JavaScript to view this content.
During Trump 1.0, it seemed like the only goal of the administration was to make sure the stock market did well. That worked until a true crisis came along and it all fell apart. But, during that same period of high flying stocks, there was broad dissatisfaction in the economy in general. We are seeing that pattern all over again as consumer confidence sinks and the job markets get soft under Trump 2.0.
Trickle down economics only works for the rich.
The stock market is NOT the economy.
I’m glad the market is doing well, since I can count myself in the top 10%, but I would rather see slower more moderate growth in the stock market but make sure the whole economy does better.