Insights in Action: The D.C. dilemma
There’s a prevailing “Goldilocks” feeling in U.S. financial markets at the midpoint of 2021 due to favorable fiscal and monetary policies coming out of Washington D.C. New government spending proposals are likely to bolster the rosy economic picture, but also may lead to a reality check for elevated markets down the road.
Recently, I was joined by Ben Ayers from Nationwide Economics and Ben Brewster from Nationwide’s government relations team for a roundtable discussion on the market, the economy and the news from the nation’s capital. In this video clip, we share our thoughts what’s likely to get done in D.C., when it may happen and how government officials propose to pay for these measures.
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