Skip to main content

Liquidity and the Market

I've written about this before, but for new readers, market liquidity and short term market response very closely correlate with the daily Treasury receipts compared to a year earlier. 6/14, yesterday's tax receipts yielded 7.07 billion less than a year over, and 5.9 billion less month-to-date than that collected a year ago. ---

Not good, the market today showed it. Without wildly productive economic growth and more US jobs, tax revenue lags and so does market liquidity. Dangerous too are the politicians playing childish games with the debt ceiling.

Freezing government spending for job growth and refusal to tax more heavily the wealthier banking class seems contra productive to the market and the economy as well.  "Daddy Warbucks" profited greatly from the trade deficit and remains immune to the down-turn if not the cause. Some might call it only fair that he pay more to balance the budget and pay down the National debt.

Meanwhile the market goes up and down, one hopes.
Labels:

Comments

Post a Comment

Popular posts from this blog

Existentialism

There are more things in this World Horatio, than are dreamed of in your philosophies Shakespeare Definitions from Oxford Languages · Learn more: adjective relating to existence. "The climate crisis is an existential threat to the world." PHILOSOPHY concerned with existence, especially human existence as viewed in the theories of existentialism. "The existential dilemma is this: because we are free, we are also inherently responsible." LOGIC (of a proposition) affirming or implying the existence of a thing. the existential proposition that truth and reality are constructed fictions" Even physicists struggle with truth. Reality in the laws of physics repeatedly give way to new findings. The James Webb Telescope finds galaxies beyond the time and space of the established Universe. Anthropologists find evidence of civilizations earlier than documented history. What is truth? The use of the word existential as a syndrome for virtual truth begs the question o...
Post a Comment
Read more

Silent Voices

Civilizations under pressure often produce voices that crystallize their deepest questions. These are rarely kings or generals, but philosophers, teachers, and public figures who step into the square to provoke. Their role is not to rule but to make society face itself. In ancient Athens, that voice was Socrates. He wrote nothing. He simply asked: What is justice? What is virtue? What is the good life? His relentless questioning unsettled his fellow citizens, and Athens condemned him to death. He refused to flee, insisting that the examined life was the only life worth living. His death turned him into a symbol of Athens’ own unease. Our world has its own public voices. In recent years, Charlie Kirk became one of them. Whatever one thought of his politics, he drew large crowds, not only on American campuses but even in London and among Māori in New Zealand. He thrived on dialogue — fielding questions, sparring with critics, drawing applause. The style was different. Socrates aimed a...
Post a Comment
Read more

Domestic Labor

A smal incrament of domestic economic activity drives a large increase in the GDP. Vvelocity times money supply equals gross domestic product (GDP). The Velocity in single didgits when multiplied by money in the trillions has far greater effect than interest rates. For many decades, society overlooked and denounced Domestic labord. IRS reporting requirements, imcontax on the worker and social stigma discouraged if not eliminated this valuable segment of the labor force. Tax free, regulation free, domestic employment would add a significant boost to the overall economy, employ the unemployable, and provide shelter to the homeless, not a hundred percent, but to a significant degree. Think affordable houskeeping, cooking, and babysitting for the single mother working long hours.
Post a Comment
Read more