Budget battle looms as summer winds down
Congress has until early October to prevent a potential shutdown
THE REAL ECONOMY |
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.