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Stocks to Watch: A Conversation with Scott Black

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The Negatives of the United States Fiscal Year

The OM budget outlook is not improving the 2024 1.57 and 2025 1.76 So we have huge structural deficits built in and that's not good. Another thing that concerns me is the long-term demographics of the United States If you look at our birth rate, it's now the lowest. It's been in the post-war year. It's 1.64 I know people who get all upset about immigration, but we need immigrants. a structural issue that works against the small caps.

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