The Effect of Spending Cuts on the Market

In 2011, there was a little higher unemployment and the biggest part of that deal was spending cuts. And so I think that's something to keep in mind. Like, if we start to see a deal forming and there is heavy spending cuts price in this, you could see even after a deal is is inked. Maybe, maybe the market doesn't like that. There's less fiscal stimulus being put into the market.

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