Straight from the Desk
Syz the moment
Live feeds, charts, breaking stories, all day long.
- All
- us
- equities
- Food for Thoughts
- macro
- Bonds
- sp500
- Central banks
- Asia
- markets
- technical analysis
- bitcoin
- investing
- inflation
- interest-rates
- europe
- performance
- tech
- Commodities
- Crypto
- ETF
- AI
- geopolitics
- nvidia
- gold
- earnings
- Forex
- Real Estate
- oil
- bank
- nasdaq
- Volatility
- apple
- emerging-markets
- FederalReserve
- magnificent-7
- Alternatives
- energy
- switzerland
- sentiment
- trading
- Money Market
- tesla
- France
- ESG
- russia
- assetmanagement
- Middle East
- UK
- ethereum
- microsoft
- bankruptcy
- meta
- amazon
- Industrial-production
- Turkey
- Global Markets Outlook
- Healthcare
- recession
- africa
- china
- Market Outlook
- brics
- Focus
- shipping
- wages
US government spending is expected to hit 24.2% of GDP in 2024, significantly above the previous 39-year average of 21.1%, according to the CBO.
At the same time, revenues are projected to reach 17.6% of GDP, just 0.4 percentage points above the 1984-2023 average. As a result, the US deficit is estimated to hit 6.6% of GDP, almost DOUBLE the 39-year average. In nominal terms, the deficit is set to hit $1.9 trillion in 2024, the highest level since 2021 when the deficit was $2.8 trillion in response to the pandemic. US government spending relative to GDP is expected to rise rapidly while revenue stagnates. Multi-trillion Dollar deficits are the new normal. Source: The Kobeissi Letter
Global debt has officially reached $315 trillion
Source: IIF Global Debt
Investing with intelligence
Our latest research, commentary and market outlooks