Tag Archives: economic boom

More signs of an economic Boom I have a new article discussing Monday’s durable goods new orders report up at Seeking Alpha, explaining how this data fits into the overall picture of a production-side Boom continuing in the months ahead.  As usual, clicking over and reading will increase your knowledge of what to expect in the months ahead for the economy, and reward me with a few $$$ for the effort I put in. While I am at it, the consumer...

A giant end-of-month spending spree in August has ballooned the Federal defiicit to $980 bln and 4.8% of GDP.This is the largest nominal deficit since 2009 and the largest as a percentage of GDP since 2012.The MMT gods should be cheering this. They're not. Weird.