
Government Spending Remains the Problem - Market Analysis with Barry Knapp
Barry Knapp of Ironsides Macroeconomics discusses the US bond market, emphasizing a shift in narratives surrounding government spending and tax policy. He argues that the real issue lies in spending rather than revenue, and highlights the implications of tax policy on capital investment. Knapp also addresses future projections regarding deficits and economic growth, while analyzing sectors that may benefit from increased capital spending. He concludes with insights on recession risks and the Federal Reserve's monetary policy.