The US Always Pays Its Debts

Fans of the HBO mega hit Game of Thrones are likely familiar with the line, “A Lannister Always Pays His Debts.” The US government has a similar reputation. Loans made to the government are considered virtually guaranteed of repayment.

Is this the Goldilocks Economy?

With an accommodative monetary policy from the Fed and other central banks, alongside renewed investor discipline and cautious behavior by most lenders and borrowers, economic and financial conditions may have set up just the right mix to support the mythical “Goldilocks economy”.