by Pebblewriter, Pebblewriter.com
– reposted from pebblewriter.com, originally published 01 March 2017
I very seriously doubt that Trump, nor anyone for that matter, can sharply expand spending while slashing taxes without generating higher inflation and, thereby, higher interest rates.
Yet the “market” continues to melt up, supposedly because the new administration will be so beneficial to the economy. What gives?