The budget cuts were a bit of a surprise, coming from a Yawker republican. That kind of a budget cut is a rate cut, it drops the ten year rate.
But the budget also risks cutting off small state program flow and jamming the senate. That part comes net, GS will trot out the conservatives for some expectational conditioning.
GS needs an exit, and the sandbox is an unmet 200 billion a year market in the USA alone.
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