4 Jan 2024
BREAKING: Total US debt hits $34 trillion for the first time in history, putting US debt up 100% since 2014
Since the debt ceiling "crisis" ended in June 2023, total US debt is up nearly $3 trillion. This debt balance is more than the value of the economies of China, Germany, Japan, India and the UK COMBINED. The US is now spending $2 billion PER DAY on interest expense alone. Debt per capita is at a record high of $101,000. Source: The Kobeissi Letter
4 Jan 2024
GLOBAL DEBT
by Visual Capitalist
4 Jan 2024
Billions of commercial real estate debt mature this year
Unlike US home loans, CRE debt is almost entirely interest-only. Borrowers tend to have low monthly payments but face a balloon payment equal to original loan on maturity. Source: Dabiel Baeza, TS Lombard
4 Jan 2024
If you blinked you would have missed that one time that the US government was on track to pay down its debt...
Source: Markets & Mayhem
4 Jan 2024
Net interest cost of US national debt grew by 38.5% just in 2023
Source: Game of Trades
22 Dec 2023
Goldilocks continue with economic data (in red) remaining sluggish and financial conditions (in green) dramatically 'loosening'...
Source: www.zerohedge.com, Bloomberg
22 Dec 2023
The probability of a Fed rate cut in March 2024 has jumped up to 83%. A month ago the odds were only 29%.
Source: Charlie Bilello
22 Dec 2023
Ocean Freight
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