U.S. national debt about to reach bleak $40 trillion milestone — and it’s likely hit $50 trillion soon
First publishedAug 14, 12:23 UTC
Last updatedAug 14, 13:22 UTC · 15m ago
1 outlet
MarketWatch
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Answer
Bank of America’s chief equity strategist Michael Hartnett, expects that debt milestone will be reached by 2029. That’s creating some preferences for stocks over bonds.
Reported by 1 outlet — MarketWatch. See all sources ↓
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In brief
- What's the story?
- Bank of America’s chief equity strategist Michael Hartnett, expects that debt milestone will be reached by 2029. That’s creating some preferences for stocks over bonds.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 15m ago.
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U.S. national debt about to reach bleak $40 trillion milestone — and it’s likely hit $50 trillion soon
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Sources (1)
Avg source rating 7.0/10Processing cluster
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