US - Econ. Slowdown - How deep & long ? 06 (Oct 16 - Jul 22)

[behappyalways]

Mohamed A. El-Erian

From the Bloomberg article on US wealth #inequality in 2020 by initial wealth, education, age, race, etc,:

"The rich got richer...as wealth created by rebounding stock and real-estate markets skewed toward high earners."

Coincided with greater inequality of income and opportunity


https://mobile.twitter.com/elerianm/sta ... 5362926595

[behappyalways]

Biden reportedly bumps infrastructure price tag to $4 trillion, with up to $3.5 trillion in tax hikes
https://www.businessinsider.com/biden-i ... kes-2021-3

[behappyalways]

仿羅斯福大蕭條新政 拜登推美二戰最大基建 TVBS文茜的世界周報 20210403
https://m.youtube.com/watch?v=78QeeeZCBTA


美80年來最大基建計劃 歷時十年!拜登孤注一擲 TVBS文茜的世界周報 20210403
https://m.youtube.com/watch?v=J_cnrTV_QME

[behappyalways]

A good read

The Twilight Zone Economy
https://realinvestmentadvice.com/patric ... e-economy/

[behappyalways]

Interesting to watch when in June/July, the US depleted its fund in treasury account meaning it might have to depend more on debt issuance. If feds is forced to reduce its bond buying due to inflation, who will buy the debts? Increase yield to attract buyers???

'21.04.06【豐富│東南西北龍鳳配】Pt.2 Fed提早升息 越來越有可能！
https://m.youtube.com/watch?v=ly0E6WJqYBE&t=2s

[behappyalways]

Biden to unveil $1.8 trillion plan for children and families — here’s what’s in it
https://www.cnbc.com/2021/04/28/biden-a ... in-it.html

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Liquidity Tsunami Ends With A Bang: Treasury Expects Just $100BN In Cash Injections Next 2 Months
https://www.zerohedge.com/markets/liqui ... t-2-months

[behappyalways]

Labor Shortage Hits Epic Levels: Record 48% Of Businesses Can't Fill Job Openings
https://www.zerohedge.com/markets/labor ... b-openings

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Higher interest rates would be good for the country, Treasury Secretary Yellen says
https://www.cnbc.com/2021/06/06/higher- ... says-.html

[winston]

Nearly 2 Million US Households Owe $15 Billion in Back Rent: Report

BY GQ PAN

Source: Epoch Times

https://www.theepochtimes.com/mkt_break ... fkvIh1o%3D