Posts tagged ‘sequestration’

Negative GDP? Think instead, D.G.P. (Don’t Gotta Panic)



Usually when GDP growth unexpectedly drops below zero, economists and markets start screaming “recession!!”  With today’s print of GDP (gross domestic product) showing a headline 0.1% contraction, I’d encourage you not to worry too much and think instead about shifting those letters to DGP…

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Will Sequestration Just Get Pushed into 2014?



The fiscal cliff deal was not a pretty thing, but it moved the conversation forward. It resolved uncertainty on most of the outstanding tax issues, and we think that it likely helped prevent a tax-hike-induced recession in the United States. That’s part of the deal. Now, we look forward to fixing…

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