Author: David Sokulsky
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Janet To the Rescue?
Last month, the US Congressional Budget Office (CBO) released “An Update to the Budget and Economic Outlook: 2024 to 2034” which contains its baseline projections of what the US federal budget and the economy will look like in the current year and over the next 10 years if laws governing taxes and spending generally remained unchanged.
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The Attraction of Asia
Carrara is globally focused and currently sees Asia as the most attractive investment destination in the world. We also think that increased exposure to the region can offer investors portfolio diversification, exposure to the strongest economic region in the world and access to global leaders in key industries.
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Has the can been kicked far enough?
Debt is now driving US economic growth and without government deficits, would be in a deep recession. Metaphorically speaking, like a patient overcompensating with pain medication, the US has found themselves addicted to debt.