S&P Lower Targets, Fed Policy Differences

Richard Postma (Doc) joins me today to share his thoughts on the US markets, Fed policy, and overall deficits in the US. What is important when it comes to the larger deficit is that debt to GDP has been held in check. If we see this broader-based slowdown then this ratio could get out of hand which makes everything much harder for the Fed and US overall.

(Audio length 00:11:40)

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