Debt-to-GDP ratio

What a Fiscal Drag

What a Fiscal Drag

That’s what JP Morgan thinks we got from the debt limit agreement.  They see four consequences of the deal:  1) No default. This had always been a low probability (<1%) very high cost outcome, which now seems off the table. 2) An eventual S&P downgrade is still more likely than not, though we think this […]

Read More →

Read More →

Top