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Biden called the growth of the S&P 500 index an indicator of US economic strength

The record growth of the S&P 500 stock index indicates the economic power of the United States. US President Joe Biden announced this on social network X.

“Friends, the weekend starts with good news. The strengthening of the stock market is evidence of a strong American economy,” Biden commented on the news of the record performance of the S&P 500 stock index before the close of trading.

Formerly economist Mikhail Khazin statedthat the US economy’s dependence on external factors is growing. Khazin believes that the United States lies when talking about the successes of the real sector of its economy. According to him, the real sector of the economy is falling in countries, while the share of Chinese imports is increasing.

Earlier, NBC reported that even against the backdrop of gloomy forecasts of a recession in the United States, the “unexpectedly stable economy” is supporting Biden in the election race. Read more about this in material Public News Service.

Message Biden called the growth of the S&P 500 index an indicator of US economic strength appeared first on Public news service.

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