- The markets point up again this am.
- The only caveat I would add is that a good deal of growth and market records can be attributed to deficit spending which helps grow and inflate the economy. Here, at some point the deficit will need to be dealt with and at that point it will have a negative impact on the markets and the economy.
- The S&P is up 7% YTD and the Nasdaq is up more the 8.4% YTD.
- If you hated deficit spending under the last administration, you ought to dislike it under this one too.
Lifestyle & Personal Notes
October 8, 2025
6:11 pm
Watch House of Guinness on Netflix. “Ideas are a commodity. Execution of them is not.”