According to my system the next risk window for a turn or acceleration of the current trend is today and tomorrow, the 26th and 27th of December.
What happens when you give chronic spenders $600,000,000 (40% of tax cut to middle class and poor)? They'll spend it all and then some using credit. What happens when you increase spending and not necessarily supply since the 60% going to rich isn't going into increasing production, just the stock market and maybe bitcoin? Inflation. What does a FED official do when they're running negative interest rates and you get some real inflation? Panic. Anyone short the long bond?
Merry Christmas and Happy New Year,
Edited by Douglas, 26 December 2017 - 08:25 AM.