Vice President Joe Biden Forgets Trump's Name
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During a virtual rally with supporters, the Democratic presidential nominee, 77 year old Joe Biden forgets President Donald Trump's name.
Joe Bidden was seen on camera saying the United States can not withstand another four year of George and then he forgot President George Bush's last name. Joe Biden was corrected with a prompt from wife Jill, who sat next to him and was seen repeatedly muttering 'Trump' under her breath. President Trump has been on the campaign trail today making several stops in Pennsylvania and mocking the fact Biden can not remember the name of the person he is running against.
Trump said "I don't mean to have a big ego, but I am the President, and sleepy Joe does not even know my name. Joe is the worst candidate ever to run for President. It will be embarrassing if I lose to such a poor candidate."
Trump says he does not believe the fake news polls. Recently Biden has also said he is running for Senator, when he meant to say he was running for President. Biden is currently locked down in his basement, with no rallies today.
/Blog/Editorials/Editorials/Will-Jerome-Powell-chose-Inflation-or-Recession/?link=1&fldKeywords=&fldAuthor=&fldTopic=0
Federal Reserve officials expect to hike rates roughly six additional times this year, bringing its benchmark Fed Funds Rate to nearly 2%. In May the central bank raised the Fed Funds Rate by ½%. Can they reach their goal without a recession?
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One is wise to sell on the rumor of bad news and buy on the fact. Gold is approaching over a year of consolidation on the rumor of Fed tightening and a rate hike. Next week the Fed is expected to increase its bond purchase taper and hint of more aggressive rate hikes in 2022. However, there is almost a two year lag between money printing and inflation.
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Lincoln said, "You can fool all the people some time, you can fool some of the people all the time, but you cannot fool all the people all the time." Jerome Powell has stated the Fed will "began to taper QE and raise interest rates" and "inflation is temporary"
