Why are are rate cuts coming despite what they say?
Because they have to. The math reality demands it.Interest payments on debt now exceeding the entire US military budget of $842B.
None of this sustainable knowing the US is heading to over $50 trillion in debt by 2032. pic.twitter.com/I3vrUNS5gh
— Sven Henrich (@NorthmanTrader) October 2, 2023
Good Morning Everyone! I was shocked to learn that the US government is now spending more to pay interest on its $33 trillion national debt than it does on national defense.
What’s the plan here?
Honest question. pic.twitter.com/Dehia0RPz2
— Genevieve Roch-Decter, CFA (@GRDecter) October 2, 2023
US equity markets are 'outperforming' today, and market pundits 'explain' that this has to do with preventing another #GovernmentShutdown.
While this may impact the price of listed companies, the underlying trend is that bigger and more frequent discussions about government… t.co/zkoHpRUZFD pic.twitter.com/O9MGrPn4Fl— jeroen blokland (@jsblokland) October 2, 2023