Friday, April 5, 2019

Bump the scary chart index

Thanks again to Zero Hedge.

Our corporate tax cut delayed a corrective moment in 2018. The debt shifted to consumer and government.

Those total returns on municipal bonds, the 4-5%, tax adjusted returns? The return is also the federal interest charges millennials are signing up for, on a per capita basis. Governments at all levels looking to collect as boomers stampede into retirement.

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