Right before writing this article, I looked at the US National Debt Clock, which I’ll get to it in a minute. It’s startling, but I’m here to tell you deficits and national debt just don’t matter. In a world awash with liquidity, central banks have already announced a flood of $9 trillion - with more banks still to announce. Under-reported in Washington’s bipartisan largesse is GOP silence on behalf of American ownership. Translation: voodoo economics won, and asset yields are going down.
Deficit? What Deficit?
Deficit? What Deficit?
Deficit? What Deficit?
Right before writing this article, I looked at the US National Debt Clock, which I’ll get to it in a minute. It’s startling, but I’m here to tell you deficits and national debt just don’t matter. In a world awash with liquidity, central banks have already announced a flood of $9 trillion - with more banks still to announce. Under-reported in Washington’s bipartisan largesse is GOP silence on behalf of American ownership. Translation: voodoo economics won, and asset yields are going down.