Tuesday, September 18, 2012

Kelly Evans — US Fiscal Drag is World's Problem—Cliff or No Cliff


Sectoral balances.

CNBC NetNet
US Fiscal Drag is World's Problem—Cliff or No Cliff
Kelly Evans | CNBC Reporter

1 comment:

Roger Erickson said...

"Obviously, the Fed is counting on financial markets to leverage its spending into much larger increases in asset prices and, more broadly, to spur confidence, hiring and investment."

Obviously, the Fed is smoking something, and hoping the Confidence Fairy lights up too.