The March jobs report blew away expectations by adding over 300,000 jobs for the month which caused Trump's former advisor Stephen Moore to find a way to credit Trump with the economy over President Biden.
Maria Bartiromo's seven squares of pundits tried to figure out how to downplay President Biden's strong economic growth and job creation and Stephen Moore came up with a bizarre take. He claimed that since Biden wants to raise taxes to normal levels the Dow, S&P500, NASDAQ and Russel 2K are responding to the early polls and are hiring people they don't need. Something like that. it's hard to decipher MAGA madness all the time.
I just wonder if maybe the market is pricing in a little bit, you know, and employers too, the idea that maybe we're going to get a new president in November.
We'll see.
Does that work into your looking at markets, the idea that we could see policy changes next year?
What do you think, Bob Dahl?
Yeah, it has to.
The policy differentials between these two guys is pretty significant, and I agree with all Steve has said.
As if corporate America would use early polls to decide their hiring practices seven month before the election.
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