June 2023: Federal Debt Limit is Raised! Political Theater In Full View
The Fiscal Responsibility Act of 2023 “FRA” is now law and waives and removes the statutory debt limit through Jan 1, 2025. FRA does not place a cap on U.S.…
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May 2023: Competing Forces Pulling and Pushing Markets
The U.S. stock market is up a modest 3% through the end of April 2023.Although the S&P 500 Index was up 8.6% through the end of April, the Dow Jones…