Debt-to-GDP Ratio Hit an All-Time High Globally in 2019
According to figures released by the Institute of International Finance the global debt-to-GDP ratio hit an all-time high of 322% in the third quarter of 2019, an increase of $10 trillion in twelve months. Read More
Most CFO’s Believe an Economic Slowdown is Coming
While many in the media – and the White House – may be lauding the ‘excellent’ state of the US economy right now, and what that means for the world at large the majority of notable CFOs are not so optimistic. In fact a recent Deloitte survey found that an economic slowdown or recession will occur before the end of 2020. Read More
Mark Zandi: “The pillars of the stock market look a bit shaky to me”
Record US stock market highs may be more than the markets themselves can take, according to Moody’s Analytics chief economist Mark Zandi. While he thinks the economy will be okay in 2020, he thinks the stock market will have a rougher go of it. And that the uncertainty created by the 2020 presidential election may only make things worse. Read More
US Federal Budget Deficit Topped $1 Trillion in 2019
According to figures released by the US Treasury Department, the budget deficit reached $1.02 trillion for the year ending in December, the first time it has topped the $1 trillion mark since 2012. Read More
