Barron’s (February 23)
2021/ 02/ 25 by jd in Global News
“Markets are now pricing for the sweet spot of reflation toward equilibrium. But too much of a good thing is, well, not a good thing. And with the Biden administration proposing a fiscal stimulus package nearly three times as large as the U.S. output gap and given a probable improvement in household demand as more Americans are vaccinated, the risk of overheating is not trivial.”
Tags: Biden, Equilibrium, Fiscal stimulus, Household demand, Markets, Overheating, Pricing, Reflation, Risk, Sweet spot, U.S., Vaccinated
