The State of Georgia is a virtual tie between Trump and Clinton

[jem]

My tune for the last few years is that we can't really tell know how much of a problem the govt deficit is causing if we have no idea how much money the Federal Reserve is really printing.

additionally.
if a president were to cap spending or and cut taxes it might not be a problem. We would grow out of the deficit.

As I said, you were trying to scare people with deficit talk. I'm pointing out that the possibility of big deficits is ahead again, but it would be Drumpf doing it (not a recession). So what's your tune now, we'll be ok if it happens?

As I said, you were trying to scare people with deficit talk. I'm pointing out that the possibility of big deficits is ahead again, but it would be Drumpf doing it (not a recession). So what's your tune now, we'll be ok if it happens?

 

[der_kommissar]

Druckenmiller said it best last week (paraphrased): the Fed only cares about the next six months and the S&P not dropping 20%...As bloggers and other astute observers have noted, everything is about getting us thru the next day, week, month...There is no long term "plan" since we are still operating under "emergency measures" (aka ZIRP, NIRP, QE)...The economy is completely distorted by all of these machinations and it's near impossible to assign a "value" if only because nobody knows the true "cost" of anything in an environment where CB's buy up assets as they see fit (or as directed by some conflicted party).

 

[ETcallhome]

A health restoring 20% correction is just what the market needs.