-
Government debt that has swelled nearly 50% since the early days of the Covid pandemic is generating elevated levels of worry both on Wall Street and in Washington. The federal IOU is now at $34.5 trillion, or about $11 trillion higher than where it stood in March 2020. As a portion of the total U.S. economy, it is now more than 120%. Concern over such ...
-
Despite market expectations, both the Fed and the RBA have recently revealed a cautious approach to further rate rises. There were four key factors that influenced this decision, leading us to believe the RBA’s next move is more likely to be a rate cut than a rate hike. In this piece, we examine these indicators and explain what it means for bond ...
Sessions