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Oct 06 2023

Can The Treasury Afford A Recessionary Bear?

  • Oct 6, 2023

In recent years, stock market swings have become a more reliable predictor of tax receipts than the economy, itself. If both were to roll over, deficits in the “teens” as a share of GDP—and Fed efforts to deal with them—are unavoidable.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager