Part 3/9:
The current state of affairs is marked by what can be referred to as a "detox" from unsustainable government spending. This doesn’t necessarily imply a recession but indicates a significant pivot in how governments manage fiscal policy. It’s essential to understand that past administrations have suggested reducing government expenses, aiming for more effective operations that serve the public better. Issues around wasteful spending and government inefficiency are increasingly prominent, impacting stock markets across the board.