Hughesair (Inflection Point)

Retired physician and air taxi operator, science writer and part time assistant professor, these editorials cover a wide range of topics. Mostly non political, mostly true, I write more from a lifetime of experience and from research, more science than convention. Subjects cover medicine, Alaska aviation, economics, technology and an occasional book review. Globalization or Democracy documents the historical roots of Oligarchy, the road to colonialism and tyranny

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Location: Homer, Alaska, United States

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Friday, November 04, 2011

Liquidity and Popendrau

Popendrau or no Popendrau, our market liquidity sucks. The DTR reports: -5.77 billion short of last year on Thursday. Month to date totals a -11.1 billion and fiscal year to date comes in at -2.6 billion as compared to a year ago on the same date. The DTR, daily tax revenue, reflects closely the buying power of all market investors. Sometimes called the L2 this year over comparison closely correlates with market movement statistics.

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