Fed’l budget to flip back to deficit. Strong leading fiscal flows. Liquidity to return. It’s bullish.
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Market bottomed. It’s up from here.
Fed’l budget balance reverts back to deficit. Leading spending flows remain strong. Market will rise.
View moreToday may have been the bottom
Surplus shrunk to $21.5 bln. Will be back in deficit by early next week. Today could have been the bottom.
View moreMarfa, TX
This place is wild. I want to buy a building.
View moreMarket has no chance to rebound with budget surplus.
May still running a $50 bln surplus. Deadly for market.
View moreMany stocks at generational lows. Bargains like crazy.
The stock market is trading like there’s been a 30% contraction in the economy, when in actuality the economy is growing at around 2%. Some stocks at generational lows. You won’t get these bargains ever again.
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View moreMay is still in surplus. This needs to flip.
Just checked today. Federal budget still in surplus this month by $31 bln. Continues to drain liquidity from markets.
View moreAll the water got drained out of the pool.
Using the swimming pool analogy for hte economy, the April tax haul was the equivalent of draining all the water (yes…real liquidity) out of the pool. Luckily, the drain is plugged and the water is flowing back in again, but it will take time to fill up.
Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/
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View moreThe worst is over.
Fed rate hike was totally baked in and meaningless. More important, the drag from April tax deposits is over. Recovery in economy and market on the way.
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View moreGet ready. Rate hikes start tomorrow! Look out!
There’s been so much buildup, hype, and hysteria leading up to this Fed policy switch.
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US gov’t PAID BACK $120 trillion last year alone!
Don’t let anyone tell you the gov’t will never be able to pay back the measly $30T of debt. Last year alone, $120T was paid back. I show you tables from the Treasury to prove it.
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April tax haul torpedoed stocks.
April’s $300 bln + tax haul was a serious liquidity drain, and it torpedoed stocks. What happens next?
View moreInterest rate hikes will crash the economy?
Interest rates are viewed as the be all end all for the economy. Is that true?
View moreRecord tax flows threaten the economy.
If stocks crater, it won’t be because of rates, it will be from record taxes being collected by the government. The deficit is already down $1T compared to last year.
View moreSell all you want. This is a setup for a major bull market.
Bank credit is booming. No way the economy craters with a credit expansion like this. No way. Stocks are a major, major bargain right now.
View moreInterest rate insanity! Another manic day in the markets.
Hard to believe that we have not gotten off this interest rate insanity. Interest rates have very little effect on the economy.
View moreIs a major paradigm shift starting for the dollar?
As the US exports record amounts of petroleum and natural gas, the dollar’s bull run may be only beginning.
Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/
View moreJapanese yen collapse?
There’s 2 things working against the yen, and neither of them have anything to do with monetary policy.
View moreI’m gonna be breaking out the popcorn.
NO ONE is bullish. It’s all doom and gloom. When the economy remains resilient and stocks fly higher, I will be breaking out the popcorn and taking it all in.
View moreBullish sentiment is the lowest in 30 years!
If you were ever going to be a contrarian now is the time!
View moreNYC subway attack.
I always worried that this could happen or worse.
View moreWhat is meant by liquidity?
You often here analyst and commentators talking about liquidity but their understanding of it is wrong. Here is what makes up liquidity. 
View moreIs the February market low at risk of being taken out?
I understand the selling. It’s fear and emotion. However, I also see strong supportive factors.
View moreFor stocks, the pain trade is higher.
I had a friend who was a gifted S&P trader. I once asked him how he did it. He said, he tries to think of what would cause the most pain to other traders, and he did that.
View moreBank stocks are oversold.
Fed policy will lead to much stronger earnings for the banks.
View moreWTF…nobody understands this sh*t?
For every action there is a reaction. There’s two f*cking sides to a balance sheet!
View moreAnother knee-jerk reaction to Fed comments.
Same behavior over and over again. Like Pavlov’s dogs.
View moreIs this a bear trap?
A big name Wall Street analyst says it is. I have my doubts.
View moreAn April Fool’s rally on the close?
More likely the ones who got fooled were the ones who sold.
View moreEnd of quarter rotation.
End of quarter rotation so stocks went down bonds went up. Bull trend still intact. 
View more