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Welcome to Sleepy Joe’s Fiscal Shitshow

Summary:
Not only is honest price discovery dead on Wall Street. Apparently, the joint is just plain brain-dead, too. After all, how can you otherwise explain the current ripping stock indexes in the face of Sleepy Joe’s fiscal shitshow. The latter embodies the largest tax increase since World War II and will reduce after-tax earnings by […]

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Not only is honest price discovery dead on Wall Street. Apparently, the joint is just plain brain-dead, too. After all, how can you otherwise explain the current ripping stock indexes in the face of Sleepy Joe’s fiscal shitshow. The latter embodies the largest tax increase since World War II and will reduce after-tax earnings by […]
David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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