Bulls got everything they could have wanted, no Syria, no Taper, no Summers and a downrade of the economy (apparently that is bullish)…and look where we are - connecting the three bubbles: Dotcom, Housing and FED…the harmonics are kind of amazing...
How Government Spending Can Pay for Itself: The Multiplier Effect Explained
-
A primer on the fiscal multiplier, a topic likely to come back into vogue
as calls for austerity seem set to rise.
7 hours ago

