Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

The more I think about the $1 T in extra treasury debt coming in next in next 24 months the more I can't see how financials can't profit form it in an orderly fashion. Treasury debt is the IPO's of the current time frame and they will report record earnings from spreads on bond trading.

There are two sides to government deficit spending that will lead market higher: WMT, HAL BA, LMT and airlines on direct government spending and tax cutting side and MBI and financials collecting on the other side of debt issuance management.