Baker Market Update: Jan. 22, 2018

Think how this must look to the untrained eye; the government cuts taxes in December, and then runs out of money in January. To the trained eye, however, it looks like the government cut taxes in December and then ran out of money in January. But, even the untrained eye knows, this is not a unique condition (the running out of money part) and can be easily “fixed” with the legislative passage of new budgetary funding measures. The trained eye, though, has seen this movie before, and knows that nothing in Washington, D.C. is easily fixed.

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