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US October 2022 Fiscal Situation
The good news: Individual federal income taxes are STILL growing, and growing at a good […]
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Money, Matter, Anti-Matter
You cannot create money (in our current fiat monetary system) without simultaneously creating the same […]
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Did US Fiscal Deficit Decline by “Record $1.4 Trillion”?
The US federal #fiscal #deficit decline by a record $1.4 trillion for the 12 months ending September 30. […]
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Two Versions of the US Fiscal Deficit
The US (federal) fiscal deficit has been deteriorating recently. This is an odd thing during […]
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What the hell just happened – Part 2
Part 2 (for part 1, please look here) At the beginning of part 1, I […]
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US June Retail Sales
US June retail sales (-0.3% m/m) came in below expectations (+0.3%). Excluding car and gasoline […]
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Tsipras announces referendum on bailout
From FT’s Peter Spiegel: “Alexis Tsipras, the Greek prime minister, has announced a national referendum […]
Category: Bond Market
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