What happens to the deficit when the economy turns? I know some of this is long-term infrastructure spending but if the bond market is signalling problematic deficits, some tough choices are going to have to be made. Sept deficit $171B vs -$78.6B expected Sept 2022 deficit $430B The deficit in the 2023 fiscal year was
The amount of wealth in the United States is truly staggering, something the Q2 Fed household net worth underscores. Real estate values rose by $2.5 trillion in Q2 Stock market values rose by $2.6 trillion in Q2 Total non-financial debt rose at 6.3% annualized rate in Q2 Fed govt debt rose at 12.7% annualized rate
