Posted on 01/20/2023 9:05:59 AM PST by Kaiser8408a
Its a sign of the times!
First, US default risk as measured by credit default swaps remains elevated (primarily because Biden and Democrats refused to cut wasteful spending or reign in non-retirees on Social Security). And NY Fed’s Reverse Repos remain elevated.
And then we have Citi’s economic surprise index for the US at -17 as The Fed slows money growth to 0%.
I wish I knew a place where inflation and insane Federal government spending and policies doesn’t exist.
Joe Biden was in California and had a secret meeting with Nancy Pelosi’s nephew Gavin Newsome. Is Joe replacing Kamala Harris with Newsome?
(Excerpt) Read more at confoundedinterest.net ...
YoY!
That's no way to run an economy.
Put us back on specie (gold/silver) like when I was a kid!
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