Yea the data is useless, also it's moronic to think Biden was actually governing... we can't know exactly who pulled the strings or their objectives

Looking forward, we can take MAGA at its word the the US will re-industrialize and waste less, that's good for companies that actually build things and make the steel to build them, bad for the Accentures/McKinsey like firms, and big pharma that launder money...

Defense launders a lot of money too but NatSec is a MAGA priority... so thtat's a mixed bag... would be nice to be able to long Anduril and short Raytheon in a pair trade

Transportation will be a big one, that favors Tesla's autonomy at the expense of zombie car companies like Stellanis and GM

If the US makes more and wastes less that's ultimately deflationary though, short it all? oh wait but the system can't withstand deflation without collapse thus necessitating printing, so where does that printing go?

The deeper the thought on these things the dumber it seems to tie up capital on anything other than Bitcoin because the cross-currents are insane. At least Trump speaks to the price of Bitcoin like he does the stock market price, he's knows Bitcoin's price is a measure of peoples ability to save...