YoY top-level comparison chart below... ahead of last March by about $21B at this point.
Very supportive on a YoY month basis. Not quite as bullish a picture on a full YoY basis.
Flows remain robust this month even though we are operating at the "debt ceiling" and our morons are using their "extraordinary measures" of "borrowing" from the Federal Employees Retirement System (to the satisfaction of their own deranged minds) in order to maintain spending flows.
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