NAIL - U.S. Financial Balances Fall $52 Billion Pointing To Worse Markets In February
2024-02-10 09:03:50 ET
Summary
- Joe Biden's student debt relief may help rectify his previous support for stricter bankruptcy laws on student debt.
- The US sectoral flows for January 2024 indicate a negative result for asset markets.
- The stock market is predicted to finish February lower than it began based on sectoral balance data.
This article looks at the money movement in different US sectors for January 2024 and how it might affect the markets in February 2024. This is important because when the rate of money flowing into the economy changes, it takes about a month before it affects the stock market and other types of investments. This can help predict how investments will perform in the future. Other big financial movements can show what might happen in many months or years.
The table below shows the sectoral balances for the US which are produced from the national accounts....
U.S. Financial Balances Fall $52 Billion, Pointing To Worse Markets In February