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Debt Ceiling Deal Imminent, Inflation Not Dead, Nasdaq Soars Anyway

Debt Ceiling Deal Imminent, Inflation Not Dead, Nasdaq Soars Anyway

Released Friday, 26th May 2023
Good episode? Give it some love!
Debt Ceiling Deal Imminent, Inflation Not Dead, Nasdaq Soars Anyway

Debt Ceiling Deal Imminent, Inflation Not Dead, Nasdaq Soars Anyway

Debt Ceiling Deal Imminent, Inflation Not Dead, Nasdaq Soars Anyway

Debt Ceiling Deal Imminent, Inflation Not Dead, Nasdaq Soars Anyway

Friday, 26th May 2023
Good episode? Give it some love!
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In this episode of Money Printer Go Brrrr, we delve into the intricacies of a potential deal to raise the US debt ceiling with exclusive military spending caps.

We unpack the implications of a 3% hike in US defence budget and a $10bn cut from the IRS, and how the anticipated debt ceiling and federal spending agreement could shape the future.

We further explore how the higher-than-expected US inflation and PCE index might influence Federal Reserve's decisions.

Make sure to subscribe to the podcast and rate & review. We also publish a daily email newsletter with memes AI political cartoons, and commentary.

Subscribe at https://thebrrr.com and follow us on Twitter @frank_locascio

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