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

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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.

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

Source：MarketWatch

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Source：https://www.marketwatch.com/story/u-s-national-debt-about-to-reach-bleak-40-trillion-milestone-and-its-likely-hit-50-trillion-soon-0f10df2d