FEDERAL DEBT TO SMASH WORLD WAR II RECORD — SMART MONEY SELLS THE STOCK MARKET $DIA $DJIA $GLD $QQQ $SLV $SPX $SPY
To gain an edge, this is what you need to know today.
National Debt
Please click here for a chart of the federal debt compared to Gross Domestic Product (GDP).
The Congressional Budget Office said that the national debt is now on track to smash World War II record. This is a great reason for the momo crowd to celebrate — they believe the higher the debt the higher the stock market.
‘Lies, damned lies, and statistics’ applies here when counting on funded liabilities. The debt is much greater.
Jobless Claims
The momo crowd is excited about the new jobless claims data. … Please click here or the title below to read more.
September 3, 2020