Markets like the sequester. Taming down spending rate increase a bit is better than keep spending at steeply higher rates year after year on borrowed money.
Also Bernanke is pumping $85 Billion every month into the government treasury. (printing money).
” - - - Markets like the sequester. Taming down spending rate increase a bit is better than keep spending at steeply higher rates year after year on borrowed money. - - - “
Well said.