Insights + News + Advice
Stay in the know
with Leelyn Smith
Q2 2021 Perspective
Do deficits matter? The recent push towards stimulus packages has created a dynamic that we haven’t seen in this country for a long time. This elevates concern regarding the amount and impact of this monumental spending, and raises the question “do deficits matter?”
Equity markets continue to rise despite inflation concerns.
The economic recovery is moving ahead at a strong pace, but important headwinds remain. Recent challenges include the “delta” variant of COVID-19 that threatens the speed of economic reopening as well as rising inflation. Stimulus packages have helped to strengthen consumer demand, and the personal savings rate is well above average. The demand for goods …