$EUROSTIMULUS - Fiscal stimulus in Europe could significantly boost growth due to large fiscal multipliers and lack of monetary policy offset.
$TAXCUTS - Fiscal stimulus should come from tax cuts rather than increased spending, as evidence suggests tax multipliers are much larger than spending multipliers.
$PUBLICINVEST - Public investment is seen as a healthier form of fiscal stimulus, particularly when financed by deficits in the current low interest rate environment.
$EUROFISCAL - Low interest rates create more fiscal room in Europe, allowing for larger deficits with less future economic impact.
$GREENINVEST - There's growing openness to investing against global warming and potentially financing it through debt, even among those traditionally skeptical of deficit spending.
Bearish:
$PRIVATECREDIT - Private sector deficits are seen as posing a greater risk of financial crisis compared to public sector deficits.
$LONGTERMBONDS - While interest rates are currently low and may remain so for a while, they are not expected to stay low indefinitely, suggesting caution on long-term bonds.