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Thursday, December 28, 2017

Direction of Deficit


For the record, EVERYBODY is 100% long on deficit going up... and I mean EV-ER-Y-BOD-Y is long the deficit.

These Peterson people are saying it is going back to $1T:






This level of conviction is the same as the position taken in the face of Fed doing the QE was going to cause inflation back in 2009-2010 timeframe.

Even if the deficit just stays the same they will all be discredited.




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