Foreign Fiscal Deficits and the Nasdaq: A Global Tug of War

Michelle Gibley says investors should keep an eye on foreign governments as they grapple with reducing fiscal deficits. With the Nasdaq hitting records, she notes that France, the UK, and Japan are under the microscope. Gibley believes the bond market will ultimately win the "tug of war" between voter pressure and investor demands for reduced deficits. She also discusses the big picture on inflation.

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