The Era of Fiscal Austerity Is Over. Here’s What Big Deficits Mean for the US​ Economy.


February 11, 2018

The Era of Fiscal Austerity Is Over. Here’s What Big Deficits Mean for the US​ Economy.

6 thoughts on “The Era of Fiscal Austerity Is Over. Here’s What Big Deficits Mean for the US​ Economy.

  1. We are into a period of uncertainty over fears of inflation and the direction of the Fed’s monetary policy in the coming months. Politics in The White House and Congress will add to that uncertainty. Stay liquid and that means getting out of equities. Bond yields will be attractive.–Din Merican

  2. The Republicans are doing the country a huge disservice (thanks to the inexperienced incumbent, just because they are controlling the House, Senate and the WH). There is absolutely no reason for tax cuts and huge spending in an economy that is already showing signs of strength. The monetary stimulus will only result in trillions of Budget deficit and spiraling inflation. Wages will increase as Labor market labor market tightens (with many illegals in hiding and WH calling for reduction in immigrants) and cost of goods will go up quickly with excess liquidity and as WH (plays up ‘America First’ rhetoric and) imposes more tariffs. Any surprise why 10 year Treasuries are spiking and Wall Street is concerned money will leave Wall Street in droves for fixed income?

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