Debt Ceiling
Sep
08
2017
Goldilocks—Alive And Well
If we look beyond the daily noise from North Korea, the global macro picture still fits our “Goldilocks” view pretty well.
Oct
08
2013
Debt Ceiling—Weakness Before But Strength After Resolution
A look at prior debt ceiling debates and patterns around resolution dates gives no surprises: markets are weaker in the two weeks before but stronger in the month after a resolution is reached.
Sep
04
2011
Lost Confidence In Washington….. But Not U.S. Treasuries
The new deal reached by Congress has little substance and no impact at all until 2014 or beyond. More “kick the can down the road.” Long term debt/deficit issues remain unsolved.