Since U.S. President Biden took office, the U.S. economy has recovered impressively, the unemployment rate has dropped significantly, and the Wall Street Jones Index and the Nasdaq Index have risen by more than 10% or 20%. However, the supply chain blockage and other economic imbalances caused by the COVID-19 pandemic have caused unprecedented inflation, especially the soaring gasoline prices caused by the shortage of energy supply, which has a huge impact on ordinary American consumers and has become Biden’s constant popularity. The main reason for the decline.
Discussions generally believe that the Republican Party is expected to regain a majority in both houses of the Senate and House of Representatives in the midterm elections next year. The Secretary of the Treasury during the Clinton administration and the former president of Harvard University, Summers wrote an article in The Washington Post, citing the precedents of the election of Presidents Neison and Reagan, warning that the current “uncontrolled inflation” may lead to the 2024 election “Trump Restoration”.
|Source: Spark Trader Limited|
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