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Surveillance: Economy Weighs on Midterms

Bloomberg Surveillance

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Will We See Fiscal Stimulus From 2020 and 2021?

Fiscal policy from 2021 was really the most stimulus we've ever had by quantons. That means that interest rates can be much higher than they would otherwise be. An arch theme of your colleague, David Fulkert's Landau, has been there will be fiscal stimulus clearly in Europe to rebuild Europe after an horrific war as well. Do you see fiscal leveling, fiscal stimulus, or maybe even some form of drop down in fiscal spending in America?

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