Commodity Trade Mantra

Posts Tagged ‘Debt Ceiling Debates’

U.S. Consumer Confidence Plunges The Most In 2 Years

From 80.2 in Sept, Consumer confidence collapsed to 71.2 (the largest MoM drop in 2 years) to its lowest in six months, far below expectations – It appears the Fed has lost its wealth effect inspiration and once again we remind that all about confidence and hope appears to be fading.

$17 Trillion U.S. National Debt? Try $211 Trillion

The U.S. national debt, which the Treasury has accounted, continues to surge higher every day and is now at $16.95 trillion, to soon surpass the $17 trillion mark – But that is just the tip of the iceberg – The true indebtedness or fiscal gap is $211 trillion.

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