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. Make sure to subscribe to the podcast and rate & review. We also publish a daily email newsletter with memes AI political cartoons, and commentary. Subscribe at https://thebrrr.com and follow us on Twitter @frank_locascio