Where Sentiment And Spending Parted

By |2015-05-21T10:31:23-04:00May 21st, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

If there were an economic recovery in the US then we would certainly find it on the fiscal budgets of the various states. You cannot spend or even generate income anymore without taking incidence of a taxable transaction. So if the US economy has been doing what the FOMC says it has, then the taxman will tell us. Even here [...]