Much Ado About Not Much

By |2013-12-15T17:39:30-05:00December 15th, 2013|Economy, Federal Reserve/Monetary Policy, Taxes/Fiscal Policy|

A few more pieces of the great taper justification puzzle fell into place last week. The politicians struck a budget deal that, as I said last week, changes little in the spending and taxes equation for the next two years, a period that pushes any real changes past the next election. And unless that election produces some pretty dramatic changes [...]