An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Tuesday, June 30, 2009
Consumer confidence slides in June
Yes, right when Obama started talking about "fiscal responsibility" and we saw from my daily Treasury reports that they were quietly taking away some of the stimulus (Treasury revenues were surpassing outlays) and the stock markets peaked. Things seem to be reversing now. (See the chart in my post from earlier.) So you should probably be buying into this dip.
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