The former Fed chairman Ben Bernanke has reportedly claimed that the 1.5 trillion in tax cuts and 300 billion more in new spending this year will lead to disastrous consequences. With all this stimulus coming into the financial sector and without being able to make up the revenue, he is predicting that the economy will fall off a cliff just like Wile E. Coyote
——PRECIOUS METALS——
Gold is over $1,300 and Silver is trying to get to $17. A quiet day for the metals going into the weekend.
——STOCK MARKET——
World markets were down yesterday which could be why the markets here a having a slow day like the metals are. Not a bad way to end the week after some big gains and it looks like we are marching towards 26,000 for the DOW.
——CRYPTO CURRENCIES——
Why does Steem continue to drop? I love this platform and it’s a great asset for the computer and technology age we live in. And since this platform is tied into crypto currencies it should be doing a lot better.
——OIL PER BARREL——
——US DOLLAR INDEX——
——BALTIC DRY INDEX——
——US DEBT CLOCK——
——STACKITIS——
And here we go with my favorite part of the post. Your daily dose of stackitis medicine.
#1. A Golden Day for you stackitis needs
Thank you for stopping by and I hope you enjoyed this post and found it enjoyable. Have a great day👍🏼🍺🥓