US debt

US Debt Downgrade – Why is market pulling back?

2023-08-24T10:02:37-07:00

Volatility has returned right on queue as U.S. equity markets continue to pull back from overbought levels. The recent jump in interest rates has proven to be too much too fast for stocks to absorb, especially for the heavyweight and longer-duration technology sector. Deteriorating economic conditions in China and weak seasonal trends have been [...]

US Debt Downgrade – Why is market pulling back?2023-08-24T10:02:37-07:00

The U.S. Government Could Be on the Hook for $1 Trillion in Annual Interest Expenses

2022-11-09T12:54:30-08:00

Do Rising Interest Rates Impact US Debt? Congress—and in particular, the House of Representatives—is invested with the “power of the purse”; the ability to tax and spend public money for the national government. And spend they have. Total outstanding government debt currently stands at just over $31 trillion and that number will likely increase, regardless [...]

The U.S. Government Could Be on the Hook for $1 Trillion in Annual Interest Expenses2022-11-09T12:54:30-08:00
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