Priming the Pump

Keith Schneider | January 24, 2021

Pump priming is the action taken to stimulate an economy, usually during a recessionary period, through government spending and interest rate and tax reductions... When I started in the trading business down on the floor of the NY exchanges some 40+ years ago, we followed many economic signals and watched how the geopolitical news impacted the price of commodities (especially gold), the US dollar, and oil prices. Back then, inflation was a problem, and the Federal

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