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Non-Tech : Kirk's Market Thoughts
COHR 178.34-10.2%Dec 12 9:30 AM EST
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To: robert b furman who wrote (2957)4/14/2015 6:39:21 PM
From: Kirk ©  Read Replies (2) of 26766
 
Incredible that debt as percent of GDP is still growing.... no wonder the GOP thinks they might win against HC...

U.S. Debt At 104% Of GDP Hits Another Record. Stocks, Gold Should Do Well On Slow Rate Hikes
  • The US budget deficit grew another $52.9 billion in March 2015.
  • Total US debt now stands at a record $17.4 trillion or 104% of GDP!
  • So far, the US borrowed 23.6¢ of every dollar it spent in Fiscal 2015.
  • The S&P500 via its ETF SPY has continued to be a great investment.
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U.S. Debt At 104% Of GDP Hits Another Record. Stocks, Gold Should Do Well On Slow Rate Hikes

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Deficit as a Percentage of GDP is Growing!Sadly, not only is the total debt higher, but the total debt as a percentage of GDP is also higher than the last time I wrote about the deficit on Seeking Alpha. [See U.S. Debt At 102% Of GDP Hits Another Record... Is It Time To Buy Gold?]
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