The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
HEADLINES
* Going, going gone!! We may well require Ruth and “The Mother of All Budgets” back one day
– who’s going to pay this back…. don’t need too many guesses here
* $50 billion to be spent, Government debt to double to $200 billion and billions of deficits for years to come
– biggest risk is “operational expenses” grow and can never be clawed back…as revenue flat lines
– extended wage subsidy runs…
