Notes on the Week Ahead
Notes on the Week Ahead
Dr. David Kelly
The Investment Implications of a Falling Budget Deficit
11 minutes Posted May 16, 2022 at 1:20 pm.
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Last Wednesday, the Treasury Department announced a record monthly budget surplus for April of $308.2 billion.  The report elicited no noticeable market reaction, as investors continued to fret about high inflation today and slowing growth in the months ahead.  However, a Federal Reserve recognition of the economic implications of a fast-falling budget deficit could hold the key to a recovery in recently battered stock and bond markets.