Daily Archives: July 17, 2013

The incredible shrinking budget deficit

I’m just going to highlight a few pieces from this Advisor Perspectives article written by Schwab’s Chief Investment Strategist Liz Ann Sonders.  In short, the federal budget deficit is shrinking rapidly thanks to improving personal incomes, corporate tax revenues and declining government spending.  The deficit has fallen from 10+% of Gross Domestic Product to under […]

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