Debt and Stimulus - What's Next?
Wednesday, 06 October 2021
We’re back with a new format of biweekly episodes, where we dive even deeper into the themes and developments that are driving market activity. In this episode, we discuss the potentially volatile period we are currently facing in the economy and in the markets. The U.S. government is walking the tightrope between the competing ideas of spending and saving, with a contentious political environment in the mix, too. The U.S. has never defaulted on its debt because Congress has always taken bipartisan action to avoid it. However, it may be time for more significant action to lessen our spending or to substantially increase the debt limit moving forward. Always check back next week for more Flourish Insights with Jay Pluimer and don't forget to check out our insights blog at https://www.flourishinsights.com