💭 How To Think About Job Gains, the Budget Deficit and Inflation Policies
💭 How To Think About Job Gains, the Budget Deficit and Inflation Policies
As the economy slows, some investors are worried about the possibility of a recession and the long-term consequences of ever-growing government debt. These concerns are timely due to recent economic data and policy decisions, including the Inflation Reduction Act making its way through Congress.
We discuss in this episode of The Wealth Effect Podcast:
📈 Job Market Gains Since 2020
📉 Federal Budget Deficit to GDP
📊 Holders of U.S. Treasuries
Matt Faubion, CFP®
Founder - Wealth Manager
Show notes and charts:
The overall job market has recovered but not all sectors are doing equally well
The budget deficit remains large
Treasury securities are still primarily held by U.S. entities
The bottom line: There are growing concerns as the economy slows. As citizens, voters and taxpayers, there is no more important task than helping to shape policy that benefits future generations. But as investors, it's important to remember that markets can do well in various environments.
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