Summary:
Fiscal flows peaked in March at 4 bln for the month. They've been trending lower. This month, gov't spending could fall below 0 bln. Will it be enough to keep the economy growing and stocks moving higher?
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Fiscal flows peaked in March at 4 bln for the month. They've been trending lower. This month, gov't spending could fall below 0 bln. Will it be enough to keep the economy growing and stocks moving higher?
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Fiscal flows peaked in March at $984 bln for the month. They've been trending lower. This month, gov't spending could fall below $600 bln. Will it be enough to keep the economy growing and stocks moving higher? |
glad you got it checked out Mike. ?
I'm glad your alright Mike
If Mike thinks Commodities are coming down, he should have made a specific prediction of Gold prices, as he has in previous videos.
I did. It's in my report.
Hope you heal up well Mike.
Glad you are doing better and everything is ok uptop.
I am guessing your face looks like my hands after an average days work. Also guessing your hands look marvelous.
Mike question here about MMT, I've heard money gets destroyed when loans are payed is that true? And if it's true why do they destroy it?
And wouldn't loans being paid than be bullish for the dollar?
But the bank reserves are not part of the tier 1 capital?, so that should help with the leverage ratio not restrain banks to do the loans? That 5% as per basel
Yes bank reserves are not part of tier 1 capital, they are assets, and the banks can only have so many assets before they need to raise more capital to conform to regulations, so the banks will slow lending if it gets close to the limit. Remember that banks do not own the bank reserves, they are just borrowing them from depositers, that's why bank reserves are assets and not capital. Capital is what the bank owns outright.
@Alex Butler Thank you Alex, I got it now
Do you think China can be the new Lehman Mike? How might that effect everything over here? Also, the banks are buying their stocks back at record amounts which is keeping the stock market lifted …from what I'm seeing
I'm glad you're doing better Mike you are my shining armor
Glad you’re ok
Speedy Recovery, Mike. Trust that all is always well with you. Glad that you are going strong. Stay Blessed.
There's definitely nothing wrong with the inside of your head, Mike. Heal well.
Thank you, buddy!
Mike. Glad your doing better. Cheers
Rate of Change…
It doesn't matter as long as a deviated septum doesn't cause breathing issues