Budget Deficit

5 Actual 'Facts' About Tax Reform

Investors want to see corporate tax reform (including repatriation relief) succeed. Individual tax reform is a “Nice to have” but negotiations there could derail the corporate side.

When Bulls Collide

With this backdrop of weakening underpinnings of the “Trump Trade” but exuberant hopes of a continued bull market run comes the potential collision between markets. It is highly unlikely that bond bulls and stock bulls will both be right.

You Know It's A Global Debt Bubble When...

With analysts noting that markets are "taking the Fed's tightening policy in their stride," demand for emerging-markets debt is so strong that one of Asia's poorest nations is mulling a debut dollar-bond sale...

Is Bankruptcy For Illinois The Answer?

Could a formal bankruptcy proceeding for the State of Illinois be the answer to it’s fiscal crisis? If you think that’s out of the question, as many do, you’re wrong.

Why The Healthcare Reform Bill Went Down In Flames

"What worries us most is the government is misinterpreting the November victory as a big mandate, which leads to policy overreach and massive pushback by the population resulting in social instability. "

Revised GOP Health Plan Gets Terrible CBO Score: All The Negatives, Almost No Positives

CBO has scored the revised RyanCare plan (notably not with amendments that have likely been discussed today) and it is even worse... considerably less budget deficit reduction, the same number of uninsured, and similar effects on healthcare premium. We would imagine conservatives will throw up all over it as it has all the negatives of the original bill with less than half the positives.