Welcome to the Macro outpost! “Macro” stands for macroeconomics and involves looking at the bigger picture of the economy. We will be looking at labor shortages, international conflicts, supply chain issues, and central banking policies. Notably, macroeconomic factors affect all asset classes.
Changes to the U.S. Debt Ceiling
Last week, the United States reached a debt ceiling of $31.381 trillion, the maximum amount of debt the federal government legally allows to accumulate. With this, the Treasury Department must begin implementing extraordinary measures to ensure that the government can continue paying its bills and avoid defaulting on its financial obligations
