national debt

Floating on Proverbial Air

Hey Friends. I hope my post finds you well.

Never since I started investing in stocks has the market been more confusing and convoluted. Our financial foundations seem to be floating on air today. National debt was 122.9% of the nominal GDP for our nation as of September 2023. […]

February 2nd, 2024|Balance Sheet, national debt, Risk|4 Comments

A Ding to America’s Credit Rating: “It is What it Is”

Hello, friends. I hope you are doing well.

Today’s post will offer little commentary beyond a link to a CNBC article about Fitch’s downgrade late yesterday (Tuesday) of the U.S. long-term credit rating from AAA to AA+. The following is an excerpt from the article:

“Fitch Ratings downgraded the United States’ long-term foreign currency issuer default rating to AA+ from AAA on Tuesday, pointing to “expected fiscal deterioration over the next three years,” an erosion of governance and a growing general debt burden.” […]

August 2nd, 2023|Fitch, national debt, U.S. credit rating|2 Comments

Where Does the Fed Go From Here?

Hi friends. I hope you had a great Christmas and will have a blessed and healthy 2023!

Today’s post addresses something many of you are likely pondering, namely our ever-growing national debt alongside our rapidly increasing government borrowing rate. What do you think the Fed will/can do looking ahead? I’m sure most of you feel we have to get government spending down and under control. I would concur with that thinking. But today, I’m wondering given our present course and debt situation, what do you think the Fed will/can do in the coming years?? The Fed has been the principal vehicle of monetary policy for a very long time. […]

A Paper-Driven Stock Market

Hey friends. I don’t know about you but my thinking is that we are becoming more and more a paper-driven stock market. The money printing press has been running hard for years as the U.S. debt goes ever higher. […]

Great Economic Numbers Cloud What’s Underneath

Hey Friends. Probably many of you are aware of the spectacular economic numbers that came out Friday and sent the stock market higher with the Nasdaq setting a record. Go here to read about the news. […]

May 4th, 2019|jobs report, national debt|7 Comments

Volatility Galore; What’s Going On?

The Chicago Board Options Exchange (CBOE) Volatility Index (ticker symbol, VIX) has been all over the proverbial map this week to date. It is often regarded as the fear index. Go here to read more detail on the Volatility Index. […]

February 9th, 2018|inflation, national debt, VIX|1 Comment