Alan Longbon — Good News: U.S. Government Posts A $214 Billion Deficit For August 2018, The U.S. Private Sector Posts A $214 Billion Surplus

Summary:
Summary The US budget deficit is 4 billion in August 2018; this is a net add of income to the private sector and a bumper month. The good news is that dollars are being added to the economy by the Federal government, allowing the private sector to post a 4 billion surplus. Further, net inflows are expected for the rest of the year from the Federal government and private credit growth. Private credit growth is a big surprise, growing strongly despite Fed rate rises. Seeking AlphaGood News: U.S. Government Posts A 4 Billion Deficit For August 2018, The U.S. Private Sector Posts A 4 Billion SurplusAlan Longbon

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Mike Norman considers the following as important: credit growth, fiscal stimulus, US economy, US fiscal balance

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