U.S. national debt about to reach bleak $40 trillion milestone — and it’s likely hit $50 trillion soon

FundNews newsroom brief · 2h ago · 1 min read · via marketwatch.com

Bank of America’s chief equity strategist Michael Hartnett, expects that debt milestone will be reached by 2029. That’s creating some preferences for stocks over bonds.

Bank of America’s chief equity strategist Michael Hartnett, expects that debt milestone will be reached by 2029. That’s creating some preferences for stocks over bonds. This story matters for Finance & Markets readers tracking fund. Reported by marketwatch.com. Read the full original at the source link below.

Originally reported by marketwatch.com. FundNews curates and briefs the finance & markets stories that matter. Our editorial policy →
Get the daily fund signal:

More from FundNews

Across the eCorp newsroom network

Part of the eCorp network