Debt Ceiling Deal Imminent, Inflation Not Dead, Nasdaq Soars Anyway

In this episode of Money Printer Go Brrrr, we delve into the intricacies of a potential deal to raise the US debt ceiling with exclusive military spending caps.

We unpack the implications of a 3% hike in US defence budget and a $10bn cut from the IRS, and how the anticipated debt ceiling and federal spending agreement could shape the future.

We further explore how the higher-than-expected US inflation and PCE index might influence Federal Reserve's decisions.

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