Listen "How Will Rising Federal Debt Impact the Markets and the Economy?"
Episode Synopsis
Season 10 Episode 09
Deficit spending is not at all a new phenomenon in the United States. In fact, it is the norm, and the U.S. has run a budget deficit in 81 of the last 95 years, or 85% of the time since 1929. What is abnormal, however, is how large the pile of U.S. debt has grown relative to the broader economy. With the election quickly approaching, and last year’s debt ceiling and downgrade drama still fresh in investors’ minds, we often get asked, “How will rising federal debt impact the markets and the economy?”
Brandon Hall, Research Analyst, poses this question to Dr. David Kelly, Chief Global Strategist for J.P. Morgan Asset Management.
Deficit spending is not at all a new phenomenon in the United States. In fact, it is the norm, and the U.S. has run a budget deficit in 81 of the last 95 years, or 85% of the time since 1929. What is abnormal, however, is how large the pile of U.S. debt has grown relative to the broader economy. With the election quickly approaching, and last year’s debt ceiling and downgrade drama still fresh in investors’ minds, we often get asked, “How will rising federal debt impact the markets and the economy?”
Brandon Hall, Research Analyst, poses this question to Dr. David Kelly, Chief Global Strategist for J.P. Morgan Asset Management.
More episodes of the podcast Insights Now
Why Is Asset Allocation So Important?
31/08/2025
What Bonds Fixed Income Research Strategies?
20/08/2025
How Secure is Securitized Debt?
06/08/2025
Taking a Pulse on Healthcare
26/07/2025
What’s Behind Muni Moves?
03/07/2025