Seeking Alpha

Katchum's  Instablog

Katchum
350 Followers
16 Following
Send Message
Albert Sung is the author of the Katchum Macro-Economic Blog, monitoring breaking economic news on a day to day basis. He started investing in 2008 because of the economic crisis and holds a masters degree in chemical engineering. Previously, he worked several years as a process engineer at... More
My blog:
Katchum's Macro-Economic blog
  • U.S. Deficit At Zero In December 2012 0 comments
    Jan 18, 2013 3:40 PM

    The U.S. has done a good job in the month of December 2012. Its outlays of $270 billion were fully absorbed by receipts of $270 billion which makes the December 2012 deficit zero (Chart 1).

    I think most of this is due to the fact that the debt ceiling was reached in December, so the U.S. couldn't spend as much money as it could.

    (click to enlarge)
    Chart 1: Deficit to Outlay Ratio U.S.

Back To Katchum's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Most Commented
Posts by Themes
Agriculture, Bonds, bonds, capacity utilization, China, COMEX, commodities, Correlation, debt, economy, Economy, forex, gold-and-precious-metals, Government Bonds, insider-ownership, long-ideas, market-outlook, Non-Farm Payroll, QE3, real-estate, Unemployment, USD
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.