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The US Economy Is Outperforming, but at What Future Cost?

From youtube.com/bloombergquicktake

The US economy had a meteoric start to 2024, recording superlative results on employment, GDP and retail sales. However, a December release from the Treasury Department, which confirmed that US gross national debt had spiraled to a record high of $34 trillion, somewhat dampened the upbeat mood. Previous projections by the Congressional Budget Office had forecast the national debt not reaching this level until 2029. Can the US economy continue to outperform without creating a debt spiral that burdens future generations?

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  • Category: Fundamental Analysis