Alan Longbon — U.S. Private Domestic Sector Balance Books A $147 Billion Surplus Through March 2019

Summary:
SummaryThe US budget deficit is 7 billion in March 2019; this is a net add to private domestic sector income. Dollars added to the economy by the federal government allow the private sector to post a 7 billion surplus and add to its stock of net financial assets. Private credit growth was again flat and added less than .8 billion to the money supply. A big drop from the January contribution of over B. Further, income flows from the national government impact investment markets with a one-month lag, and so, can be a useful predictive tool. April is looking good up until the 15th when Federal income tax is paid and markets will fall into May 2019. Seeking AlphaU.S. Private Domestic Sector Balance Books A 7 Billion Surplus Through March 2019Alan Longbon

Topics:
Mike Norman considers the following as important: MMT, sectoral balances, US economy

This could be interesting, too:

Robert Waldmann writes The US economy is the envy of the first world

Joel Eissenberg writes The truth about immigration

Angry Bear writes The U.S. Economy Reaches Superstar Status

Mike Norman writes Jared Bernstein, total idiot. You have to see this to believe it.