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.
Monday, January 25, 2010
Futures beginning to dive on Obama's proposed spending freeze
It's 10:40pm ET and S&P futures are off 5 points. This comes on the heels of an announcement earlier that Obama plans to propose a spending freeze. In my previous post (and in earlier posts from days and weeks ago) I said that this announcement would crush stocks. It's already starting to happen.
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