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www.strata-sphere.com
| | digbysblog.net
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| | https://twitter.com/carlquintanilla/status/1816877705465655716 Lookee here: The US economy is on the verge of an extremely rare achievement. Economic growth in the first half of the year was solid, with the economy expanding a robust 2.8% annualized rate in the second quarter, according to fresh Commerce Department figures released Thursday, which are adjusted for inflation and seasonal swings. Stocks surged in the morning...
| | www.soberlook.com
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| | In a fashion similar to what became known as the "Asian Contagion" in the late 90s, the current stress in emerging economies has been spre...
| | www.gao.gov
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| | Increased federal spending in response to COVID-19, as well as rising interest rates, have added to our nation's financial woes. At $2.8 trillion, the FY 2021 budget deficit was the second largest in history-just short of the FY 2020 deficit of $3.1 trillion. These historically large deficits were due primarily to the economic disruptions caused by COVID-19-which decreased revenues in FY 2020-and the additional spending by the federal government in response to help the nation recover from the pandemic.
| | www.stlouisfed.org
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| Although the national debt has grown exponentially over the past 12 years, causing concern for many, it does have its uses-especially in the U.S. Treasury market.