Wednesday, October 26, 2016

US Deficit up 33.8% in 2016 vs 2015

Here is something for Bob Brinker to talk about this weekend.

Between fiscal 2015 and fiscal 2016
  • Collections by the US Treasury grew by 0.6% to $3.27 trillion
  • Spending by the US Government grew by 4.5% to $3.85 trillion
  • The US budget deficit grew by 33.8% or $587 billion 
As long as I can remember, Brinker has said our government "spends like drunken sailors" which many think is an insult to sailors, sober or otherwise.

Here is my breakdown of the data in table form to add numbers they don't like us to know.

You can check my numbers here at the Treasuries "Final Monthly Treasury Statement"
  • https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0916.pdf
This table adds a calculation for the monthly, rather than YTD change.

Kirk Lindstrom's Investment Letter:
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Bob Brinker Moneytalk Podcasts October 2016

Bob Brinker Podcasts for October 2016

Bob Brinker's Moneytalk. 

Bob Brinker's:
Market Outlook:  

 In the October 2016 Marketimer, 
  1. Bob Brinker remains bullish & fully invested.
  2. Bob says dollar cost average new money into the market.
Since there is no real change, read Bob Brinker's Market Update for September 2016

Free On Demand podcasts for October 2016:
October 23, 2016:
October 16, 2016:

  • Hour 3 Bob's guest 
  • Sebastian Mallaby: The Man Who Knew: The Life and Times of Alan Greenspan
    • October 2, 2016: Repeats of old shows in a "best of Brinker" so very good calls and general advice.
    October 9, 2016: Tom Vacar guest host  New
    October 16, 2016:

    October 23, 2016:

     October 30, 2016:

      For the latest news, read Bob Brinker's Advice for New Money and Market Outlook.
      Kirk Lindstrom's Investment Letter:

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