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Home / Tag Archives: Government Spending

Tag Archives: Government Spending

Spending and tax bill, Chicago Fed, CRE lending

800 billion over 10 years is something, but not enough to turn things around as it’s maybe .25% of GDP per year or so. Historically it’s taken a good 5% of GDP deficit to reverse a decline, which today means close to a 1T deficit annually. And interesting how they just jumped all over Trump for his tax plan that they claimed would add 1T to the debt over 10 years… Massive Spending and Tax Package Leaves Deficit Fears Behind Congress passed far-reaching legislation Friday to fund the...

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Producer Prices, Retail sales, Business inventories, Atlanta Fed, Debt Ceiling Comment

Gives the Fed another dovish data point: PPI-FD Highlights Producer prices show wide weakness and may raise talk that deflationary pressures are building, not easing. The PPI-FD fell 0.5 percent in September which is just below Econoday’s low estimate for minus 0.4. Year-on-year, producer prices are falling deeper into the negative column at minus 1.1 percent. And it’s not all due to energy excluding which and also excluding food, prices fell 0.3 percent though the year-on-year...

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