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7min chapter
Will Risk Assets Keep Rallying Into 2024?
Real Vision: Finance & Investing
Factors Impacting the Economy and Timing of Fiscal Policy Adjustment
This chapter discusses various factors that may impact the economy, including changes in deficit and fiscal impulse, fiscal retrenchment at federal and state levels, maturity of corporate debt in 2025, and the potential impact of draining excess bank reserves. It also explores the timing of fiscal policy tightening in relation to a presidential election and suggests that 2025 may be the likely year for fiscal policy adjustment.
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