S&P Lower Targets, Fed Policy Differences, and Target Deficits but At Debt/GDP
Doc joins me today to share his thoughts on the US markets, Fed policy, and overall deficits in the US. What is important when it come to the larger deficit is that debt to GDP has been held in check. If we see this broader based slowdown then this ratio could get out of hand which make everything much harder for the Fed and US overall.
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