Rising Debt, Interest Costs May Challenge US Economy and Markets
-
Soaring debt levels loom as US federal debt hits $33 trillion in 2022, nearly 100% of GDP
-
Interest expenses on debt set to increase as rates rise, potentially exploding costs
-
Trade policy shifts away from free trade, risking higher costs and economic dependence
-
Subsidies could raise costs, undercut Fed inflation fight, and lead to higher rates for longer
-
Investing playbook will likely shift as rates stay high and markets turn more volatile