United States

Budget battle looms as summer winds down

Congress has until early October to prevent a potential shutdown

THE REAL ECONOMY  | 

Download The Real Economy Vol. 32

While much ink has been spilled about the deteriorating budget outlook, we are far more concerned about systemic risk to the financial system linked to a debilitating debt ceiling battle. In this issue, we explain what’s at stake for middle market businesses if there’s a failure to agree to a debt ceiling compromise. In addition, we take a look at potential steel tariffs amid growing protectionist sentiment and what that means for global trade.

Also, in this issue, RSM’s Michael Grossman takes a look at M&A activity and discusses how middle market private equity can compete in a sellers’ market. 

Click here to read the full issue.

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