Wednesday, March 31, 2021

In the #News #Economy

“If you don't read the newspaper, you're uninformed. If you read the newspaper, you're mis-informed.”

“Whenever you find yourself on the side of the majority, it is time to reform (or pause and reflect).”

― Mark Twain

Subscriber Comments

Spend, spend, spend, and nobody cares. Let's raise taxes to pay for the programs, but history shows us that revenue increases after tax hikes rarely meets expectations. Notice how total revenues as percentage of GDP (national income) are bound between 13% and 20%. We're currently at 16%, so revenues could expand roughly 4% of GDP if everything goes 100% perfect. That’s a big assumption.

S&P 500 (LCSCAI ), Gold (Gold) & Annual Total Revenues As % GDP (TRGDPR)

The federal budget goes deeper into the hole. There's no way we'll pay off our debt without default, currency debasement or cancellation.

S&P 500 (LCSCAI ), Gold (Gold) & Total Revenues Withheld As % GDP (TRWGDPR)

Everyone wonder why the Fed's balance sheet is expanding again? The red box has disappeared. This says the Fed balance sheet is expanding faster than the money supply.

M1 Money Supply/Fed Total Assets (M1/FedTA) and M1/FedTA Trend Oscillator

Bottom line, there's no reward for thinking other than preparation of what's coming. Social media only cares about itself, so this type of discussion generates roughly 0 clicks and follows.

Follow me on Twitter or facebook for further discussion.


Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.