The stock market is making new all-time highs, as the bond market is getting crushed even; July 10-yr Treasury produces are up almost 100 bps since their all-time lower in early. Industrial commodity prices are on a tear, yet the U.S. 840 billion and then learn that the payoff was a small fraction of the additional debts incurred. We squandered almost a trillion dollars of the economy’s scarce resources, and that’s a big reason the recovery has been so disappointing. And its effects have lingered, giving us the weakest recovery on record. As I noted over two years back, federal government deficits effectively assimilated all the profits of U.S.
In short, the majority of what U.S. Keynesian toilet. Starved of basic investment nutrition, the overall economy has been poor and the public is frustrated. 3 trillion smaller than it might have been with better policies-is the way of measuring our discontent. Weak growth is the root cause of people’s frustration with trade, and the good reason the recent election was about spurning the ruling elite, who think that they can pull the policy strings and magically create growth and prosperity. Most people figure they could be working more productively, and they’d favor a much better job than more government handouts.
- Computers investment growth will likely growth modestly; and
- Why are you thinking about this role
- Be careful when trading new profit mutual funds by the end of the yr
- 6 years ago from USA
- Mortgage: $150,000
Among other activities, Hillary … Read the rest