Time to Pay Attention to U.S. Deficit & Tax Policy

Barry Knapp thinks we hit the low for the year during the initial tariffs reaction. However, he’s turning attention to the U.S. deficit, which has fallen under the radar during this bout of volatility. “We have to get spending back on track,” he argues, but Congress is getting “weak-kneed” about reducing spending over time. This risks losing control over the back end of the yield curve, Barry posits. He also discusses why changing corporate tax policy is important for markets.

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