December 2, 2022
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Portfolio Watch: Fiscal prudence is hot again; demand for homes slowing

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• “Forecasts of debt and deficits for the world’s leading economies are reaching uncomfortable levels,” writes Northern Trust, in an article that suggests fiscal prudence may be making a comeback. It warns “rising interest payments may limit efforts to use fiscal policy to combat the possibility of economic downturns,” and if deficits are not addressed…

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