Tag Archives for " US Federal Debt "

Rising US federal debt and maturites pose uncomfortable truths for ‘no/soft’ landing assumptions

As of the 1st September, US Federal debt was estimated to be nudging $32.6 trillion, having been increasing by approx +$1.4 trillion per quarter following the abandonment of the debt ceiling and the last vestiges of Congressional constraint.  Annually, that represents almost $7tn of new debt, which together with a further $7.5tn of existing debt […]

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US employment data yet to support an early easing in monetary policy

We may be heading for a recession, but not one that is so far being flagged by current US employment or wage data. For those anticipating an early peaking of interest rates by the US Federal Reserve, that therefore might come as a disappointment, as without a more pressing evidence of an already significant cooling […]

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Weaning consumers off the debt fix – maybe

Well that seemed short-lived. Perhaps the bounce in US equity markets on the February non-farms was just a one day wonder. The numbers however, weren’t too shabby for equity prices; the combination of a better than expected net job growth (including upward revision in the January guesstimate), but with a lower pace of average wage […]

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US reported Federal deficit of -$587bn dwarfed by cash deficit of over -$1.4tn

If you haven’t noticed, there is an entire industry of well funded professional spin doctors out there whose business is to present their clients performance in the very best possible light. Whether those clients are corporates trying to game an advantageous cost of capital or a Government claiming to be able to walk on economic […]

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