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Is The US Government Starting To Panic About $40tn Of Debt? - Exchange Rates UK
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Is The US Government Starting To Panic About $40tn Of Debt? Exchange Rates UK
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4 itemsDESK NOTEMorgan Stanley Five Ideas
Markets Shrug as U.S. Debt Hits $40 Trillion
UBS ON AIR
UBS On-Air: Paul Donovan Daily Audio 'Olympus has fallen?'
Lead — UBS Chief Economist Paul Donovan questions the sustainability of US debt in light of a recent credit rating downgrade. Per the full note, this downgrade threatens perceptions of US assets as safe havens. Although investor scrutiny of US creditworthiness is rising, record wealth levels indicate that funding remains feasible. However, President Trump's policies may exacerbate the debt issue further, complicating the outlook for the USD amid potential reactions from the administration.
INVESTINGLIVEEamonn Sheridan
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