U.S. national debt about to reach bleak $40 trillion milestone — and it’s likely hit $50 trillion soon
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 bond. Reported by marketwatch.com. Read the full original at the source link below.
Originally reported by marketwatch.com. BondNews curates and briefs the finance & markets stories that matter. Our editorial policy →