debt limit

This Multi-Trillion Dollar Freight Train is Due for Arrival

Asset Allocation, Financial Planning, Fox Feed, Investor Behavior & Psychology, NASDAQ Feed, Partner Feeds, tax efficiency, Taxes, U.S. Stock Market, U.S. Treasuries, Yahoo Feed / By Ronald Delegge

This year’s presidential election has been so drenched with public bickering and controversy, it’s left very little airtime for the multi-million freight train that’s on course to crash everybody’s party: U.S. public debt. In July, the Congressional Budget Office (CBO) reported that federal debt held by the public skyrocketed to 75% of U.S. GDP compared to …

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$17.41 Trillion in U.S. Debt, like Stocks, at Record Levels

3 Comments / Asset Allocation, Bonds, Cash and Money Market Funds, Central Banks, Fox Feed, Interest Rates, Leveraged Long/Short ETFs, NASDAQ Feed, Partner Feeds, Small Cap Stocks, U.S. Economy, U.S. Government Debt, U.S. Stock Market, U.S. Treasuries, Yahoo Feed / By Ronald Delegge

The Russell 2000 small cap index (NYSEARCA:IWM) just made a new all-time high, but stocks aren’t the only thing topping. U.S. public debt is at record levels too and heading higher. Total outstanding public debt is now at $17.41 trillion, according to the U.S. Treasury Department’s latest daily statement. That’s almost $1 trillion over last …

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