Isn’t it amusing how Wall Street just can’t grasp the obvious? The Biden Administration went on a spending spree in 2024, all in a desperate bid to pump up the economy for the presidential election. It’s practically the playbook for election cycles in stocks! History shows that after elections, it’s back to business as usual with fiscal restraint, and guess what? Economic growth takes a hit. With monetary policy lagging by about 18 months and fiscal spending through the roof, we could be in for a pretty harsh slowdown. 

And just to add to the circus, we have DOGE—yes, the Department of Government Efficiency—aiming to cut $2 trillion in government waste by July 4th, 2026. This initiative is bound to amplify the slowdown in government spending, making the economic deceleration even more pronounced. While Wall Street remains blissfully distracted by shiny economic data, they’re missing how these cuts will hit growth harder than they anticipate. It’s almost too easy to watch them get played!