Dr. Monali Desai's avatar
Dr. Monali Desai
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Cardiologist
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drmonalidesai 7 months ago
delicious chocolate chunk pancakes @ clinton st baking #nyc image
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drmonalidesai 7 months ago
merry christmas & happy holidays ✈️ lga & atl airports
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drmonalidesai 9 months ago
it’s my birthday, i’m grateful to have celebrated it this past week with friends and family ✨ image
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drmonalidesai 10 months ago
Currently the US is in a stagflation period (increasing inflation and decreasing growth) and we may be headed for a stock market decline in 2026. Americans who are retired should speak with their financial advisors to plan for this possible decline. 🇺🇸 There are a few ways this could happen. One is that as of this summer the top 10% of income earners (>$150k/year) are propping up 50% of the economy, if they pull back on spending because of increasing inflation, tariffs, and unemployment the stock market would be expected to decline. The second is that the growth of the stock market is overly dependent on AI and tech companies and it’s not clear if that will produce any meaningful results in the next 1-2 years, if it doesn’t than the stock market will likely decline. If it does produce significant results then the number of tech employees making six figures being laid off will go up, which means the spending of the top 10% income earners would be expected to go down and the stock market would be expected to decline. https://www.telegraph.co.uk/business/2025/10/13/stock-markets-trump-tariffs-us-china-ftse-100-uk-latest/ image
Is the US entering a recession or stagflation period because of the Trump Administration’s recent economic policies? Most Americans should save additional money in case they lose their jobs and have difficulty finding new jobs as many companies are now on hiring freezes.🇺🇸 “The job market is terrible,” said Douglas Holtz-Eakin, former director of the Congressional Budget Office during the George W. Bush administration. “Outside of education and health, the economy has lost private sector jobs in the past three months. That’s terrible.” Several recent economic indicators are pointing in the wrong direction – weakness in second-quarter gross domestic product and slower-than-expected growth in both the manufacturing and services sectors, for example. “Friday’s jobs report was terrible with recessionary level numbers, but slowing hiring is not new,” said Robert Ruggirello, chief investment officer, Brave Eagle Wealth Management. “While Friday’s report does not mean we are entering a recession, it shows that companies are freezing hiring and firing until there is more policy certainty and business confidence.” 🇺🇸 image
bitchat 🙋🏽‍♀️ great app, super easy to use 🎉 image
The U.S. dollar index is down more than 10% against a basket of other currencies this year, at a three-year low. The speed of the decline is the story. 🇺🇸 Among the investor turn-offs are President Trump's volatile trade policy, stagflation fears, and exploding deficits. Wall Street is still spooked by the Trump Administration’s tariff policies, which showed investors flee U.S. assets, selling government bonds and dollars in the aftermath."It's the sort of pattern you'd normally see in a stressed, emerging market," Adam Slater at Oxford Economics tells Axios, not in the US. "It's a little warning of what could come if policies deteriorate a lot further." 🇺🇸 https://www.axios.com/2025/06/27/trump-tariffs-dollar-stagflation image
The Trump administration’s 2025 spending bill makes cuts to Medicaid for US citizens and US hospitals. Some hospitals, especially ones in Republican districts, may have to decrease the medical services they provide to US citizens or they may have to close altogether because of these cuts. 🇺🇸 Instead of cutting Medicaid for US citizens to save money, it would be better for Americans if Congress cut defense spending instead of increasing defense spending which is what they are currently planning to do. Contact your Republican and Democrat members of Congress at 202-224-3121 to voice your concerns, more than 80% are up for reelection next year and should hear from concerned American citizens. 🇺🇸