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Federal Net Interest Outlays: Time to Worry?
The latest federal budget data were released last week. Over the past 12 months through December, the deficit was $1.…
Fiscal Policy
15 posts
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Is Gridlock In Washington Bullish for Stocks?
It is widely believed that political gridlock is bullish for stocks in the US. The market is happiest when our…
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Inflation Boosting Tax Receipts
It’s good to be the King! You can spend lots of money by printing it. If you still have a fiscal deficit, the resulting inflation can help to narrow it by boosting tax receipts. Here in the US:…
