Thursday, March 9, 2017


Headed in the wrong direction for Trump as YoY growth in leading govt spending is converging towards zero.

Trump wants 4+% GDP growth and this thing is headed back towards zero as a result of trend in leading USD spending.

And the Fed is going to (to them) "tighten" this month?   I don't know now... Trump for sure won't like it if they do.


Michael Norman said...

Good one! I've been talking about this.

John said...

Trump could lean on the Fed not to hike interest rates. The Fed never really does anything that the government doesn't want. The government just wants plausible deniability.