HomeMarketsU.S. EconomyKnapp: Budget Deficit Biggest U.S. Issue, ‘Don’t Touch’ Consumer Staples & Healthcare

Knapp: Budget Deficit Biggest U.S. Issue, ‘Don’t Touch’ Consumer Staples & Healthcare

“The biggest policy hurdle” is government spending and the budget deficit, rather than the trade deficit, says Barry Knapp. He thinks DOGE’s efforts are less important than Congress’s in that regard. He says ‘don’t touch’ the consumer staples and healthcare sectors, but says not to bet against American innovation in the tech sector.

Morning Trade Live

21 Feb 2025

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