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Deficit is the highest in 6 years. Where are all the MMT gods??

Summary:
The deficit is now 6 bln, the highest in 6 years and the highest in 5 years as a %  of GDP. Where are all the MMT gods touting this as bullish? Mosler's still bearish. He's been bearish for 4 years. Missed the entire rally.Kelton? Still criticizing Trump. BTW...at Mike Norman Economics we look at FLOWS. It gave us the bullish signal a long time ago.

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The deficit is now $766 bln, the highest in 6 years and the highest in 5 years as a %  of GDP. Where are all the MMT gods touting this as bullish? Mosler's still bearish. He's been bearish for 4 years. Missed the entire rally.

Kelton? Still criticizing Trump.

Deficit is the highest in 6 years. Where are all the MMT gods??

Deficit is the highest in 6 years. Where are all the MMT gods??


BTW...at Mike Norman Economics we look at FLOWS. It gave us the bullish signal a long time ago.
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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