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Interest income

Summary:
On the other side of the ledger we’ll be starved of interest income to the same degree... ie lowest in 50 years...Net interest costs on deficit are expected to reach as low as 1.14% of GDP in 2024, which would be lowest in 50 years @biancoresearch @USCBO pic.twitter.com/Z8etMyzPgZ— Liz Ann Sonders (@LizAnnSonders) January 7, 2021

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On the other side of the ledger we’ll be starved of interest income to the same degree... ie lowest in 50 years...





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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