Tuesday , April 8 2025
Home / Mike Norman Economics / 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??

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.

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)

Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained

Lars Pålsson Syll writes Schuldenbremse bye bye

Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *