u.s. treasuries

Macro Viewpoints

Tax Hikes We’ll All Feel

The election is over, the dust is settling and the economic landscape is coming into focus. The fiscal cliff and the Federal debt ceiling dominate the immediate foreground. Both of these issues come
down to the business practices of revenues and expenditures. However, since this is the government and not a business it will be subjected to gamesmanship and hyperbole as both political parties spin
their solutions in an attempt to come out, “a winner.” Unfortunately, the reality is that regardless of the spin, you and I will end up paying more for the year that’s already past …