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'This Won't End Well:' Elon Musk Reacts After Chamath Palihapitiya Calls Out Treasury, Fed For 'Huge Fiscal And Monetary Failure Of Action'
Wednesday, November 1, 2023 - 4:22am | 635The U.S. Treasury revealed on Monday its plan to borrow $1.592 trillion from the private debt market through the end of the March quarter, following a $1.01 trillion borrowing in the September quarter. On Tuesday, prominent “SPAC king” Chamath Palihapitiya criticized...
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IMF Forecasts Robust US Economic Growth, But Warns Of Rising Government Debt
Tuesday, October 10, 2023 - 11:10am | 746The IMF’s latest World Economic Outlook paints a promising picture of the U.S. economy, with strong growth and a stable job market, indicating the rising likelihood of a “soft landing” scenario whereby inflation declines in line with a muted output slowdown. However, the IMF...
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Big Treasury Selloff Leads To New Bond Bulls In The Making — Investors Look To Snatch The Biggest Opportunity In Years
Monday, August 21, 2023 - 3:43am | 490The recent summer selloff in U.S. Treasury debt is being hailed as a golden opportunity for bond investors, providing the most attractive buying window in years, reports The Wall Street Journal. The Federal Reserve’s tightening policy, coupled with a resilient economy, has...
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Deep Knowledge Investing - Weekly Points – August 4th, 2023 5 Things To Know In Investing This Week
Thursday, August 10, 2023 - 12:00pm | 1911The Sovereign Debt Explosion Issue This was the most fascinating week I’ve seen in the sovereign debt market in decades. Sovereign debt is just a fancy name for government bonds. Are we looking at the beginning of a multi-country sovereign debt disaster? Plus, the Saudis extend an oil...
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Mounting Interest Charges Set To Leave US 'Drowning In Debt' For 30 Years, Says Analyst
Saturday, August 5, 2023 - 6:43am | 418The U.S. government could be “drowning in debt” over the next few decades, warns Renaissance Macro Research, Business Insider reports. “CBO 30-year projection is bleak,” analyst Stephen Pavlick said in a note on Friday. “Rising debt + rising interest costs – debt...
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EUR/USD Recovers Amid U.S. Debt And Employment Shifts
Tuesday, June 6, 2023 - 11:15am | 453By RoboForex Analytical Department The most heavily traded currency pair, EUR/USD, experienced a rebound to 1.0720 following a significant downturn. The concerns about U.S. public debt subsided after the proposal to increase the debt limit was endorsed first by the House of Representatives,...
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A Bolt From The Blue: Treasury Yields Go Haywire; Fitch Retains Negative Watch Despite US Debt Ceiling Resolution
Friday, June 2, 2023 - 3:24pm | 537Despite the resolution of the debt ceiling standoff allowing the U.S. government to meet its obligations, Fitch Ratings has chosen to maintain its "Rating Watch Negative" stance on the U.S. rating, according to a statement released by the credit rating agency on Friday. The suspension of...