deficits

Falling

• LGLuke GromenFalling Cutting rates to zero and shifting issuance to the front end would shrink the deficit to about $600bn. Open the item Medium-to-long term thoughts on LT USTs, etc. · 14 Sept

Rising

• ATAdam TaggartRising The U.S. has been spending at recessionary emergency levels without being in recession, which catches up eventually. “We've been spending at recessionary emergency levels, but not being in recession.” ▶ 41:33 Ready For A Bear Market? Most Investors Aren't |… · 24 Sept
• TKThe Kobeissi LetterRising The US is running $2+ trillion deficits that are a structural driver of the yield problem. “The US is now running $2+ trillion deficits, spending over $1.2 trillion on annual interest expense” Open the post In all fairness, US Treasury Secretary Bessent w… · 9 Sept

Sharply rising

• LLLawrence LepardSharply rising Lepard says the deficits are intractable and getting worse, potentially reaching $4 trillion in a downturn. “these deficits are intractable and getting worse” ▶ 49:46 No Living Investor Has Seen A Time Like This Bef… · 29 Sept
• RBRobin BrooksSharply rising Deficits are giant and out of control, and will keep driving the debasement trade. “driven by giant, out-of-control deficits” Open the post The debasement trade will be the single biggest … · 6 Sept