Mike Norman Economics

Only $21b! Biden’s a genius!The U.S. government on Wednesday posted a roughly $21 billion budget deficit for December, the smallest monthly shortfall in nearly two years as the pandemic recovery fueled an increase in personal and corporate income tax receipts.DEFICIT DOOM: US budget MIGHT look better than it was a year ago — but DON'T BE FOOLEDhttps://t.co/wa4BRptxS1— FOX Business (@FoxBusiness) January 12, 2022 (Poor CRFB lady still looks sad though?)

If you are some economic guru, how is this guy's funds doing so bad? Suckers in with him.

My saving equates to someone else’s loss of income and savings.

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Backgrounder.The Vineyard of the SakerAfter Kazakhstan, the color revolution era is overPepe EscobarCrossposted at The Cradlehttp://thesaker.is/after-kazakhstan-the-color-revolution-era-is-over/See alsoThe world is getting a lot more dangerous.Irrussianality (WWIII?)Why Russia Fears NATOPaul Robinson | Professor, Graduate School of Public and International Affairs at the University of Ottawa

Franko is a contributor to my blog and has come up with many new insights on the Fed, monetary policy and markets. We discuss.

Prices should come down the pump even more, and these aren't the only commercial inventories that will rise.

One day he tweets higher rates will drive inflation. (Which is correct, and miraculous he got it right.) Then the next day he says the Fed won't raise rates enough to squash inflation.

What's happening now in response to the Fed's policy shift is the exact opposite of what investors believed would happen.

This has all the earmarks of a US led color revolution.