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Debt Ceiling

Summary:
Art degree moron fest finally over… Now let’s see what happens…President Joe Biden’s signature of legislation suspending the federal debt ceiling has given the Treasury Department the green light to resume net new debt issuance https://t.co/F7sKoSNIeq— Bloomberg Markets (@markets) June 4, 2023  Consensus is bearish on the imminent Art degree figure of speech “liquidity drain!”…Wall Street is warning markets aren't ready for a tsunami of Treasury issuance now that the debt-ceiling deal is sealed https://t.co/8Ie5pbnTk0 @marketsより これから金利が上がりやすく、そのためスプレッドも大きくなることが予想されるので株には良くない環境になりそう。— Yanagi (@iLWCwlFgbaUIAeH) June 5, 2023

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Art degree moron fest finally over… Now let’s see what happens…



 Consensus is bearish on the imminent Art degree figure of speech “liquidity drain!”…








Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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